The Morgan Stanley notice shows that they may have shorted on previous occasions and this capped the LYC price - I suppose they then bought up.
Its the way of the world, but to me it will always stink.
Will be interesting to see how much was shorted today - but in any case the volumes were low.
I've put a buy on LYC because IMO at these prices it's good value for LT holders...
The Morgan Stanley notice shows that they may have shorted on...
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Last
$6.92 |
Change
-0.020(0.29%) |
Mkt cap ! $6.468B | |||
| Open | High | Low | Value | Volume |
| $6.95 | $6.97 | $6.87 | $16.72M | 2.418M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5820 | $6.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.93 | 15020 | 3 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |