LYC 0.00% $6.40 lynas rare earths limited

todays chart, page-1506

  1. 461 Posts.
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    I don't think there is any reasonable probability to return to 0.11. There are a lot of convertible bond converted beyond 0.1 willing to take risk on that price rather than holding their position at no risk. I think many big boys were getting in 0.15. Well, it would be very good if can go that far to bring back time machine to buy, but I couldn't find any reasonable reason to go back below or near to 0.1 even if someone is willing to borrow all position from the blackhole or something illegally to try shorting to 0.11. Possibly can shed any light of any particular reason to short or price to go down at current situation? From my understanding, you have to go long big time before able to be profitable from short position. Well i heard there's illegal shadow blackhole or something like that to borrow but isn't that usually minor player when many big players were entering at 0.15? Again it's possible to go back to 0.1 or 0.01 if price of material is back to zero but that's not what is happening at current situation, lower debt and higher top line. Therefore I'm wondering what other possibility that can be?
 
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Last
$6.40
Change
0.000(0.00%)
Mkt cap ! $5.982B
Open High Low Value Volume
$6.47 $6.48 $6.34 $20.28M 3.161M

Buyers (Bids)

No. Vol. Price($)
1 12848 $6.39
 

Sellers (Offers)

Price($) Vol. No.
$6.40 17965 2
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Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
LYC (ASX) Chart
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