LYC 0.33% $6.07 lynas rare earths limited

This is now getting to be ridiculous - again.Even given the...

  1. 5,797 Posts.
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    This is now getting to be ridiculous - again.

    Even given the expected tax loss selling, the market depth is now showing a HUGE imbalance - the buy side has fallen away to a tad over 3 million shares, while the sell side has blown out to over 22 million shares.

    Given that there is a widespread expectation that the TOL may be announced tomorrow, or at least in the next few days, WHO is selling (30 million shares traded so far today) and why?

    Is it still shorting? There are certainly sell bots working hard on the Course of Sales going through and the intraday chart is looking disastrous! Now 8.5c down (about 9%) as I type this.

    Does somebody know something that even the close watchers on here do not know?

    As I said - this is now getting to the completely irrational and ridiculous stage.

    It is still plummeting....

 
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Last
$6.07
Change
0.020(0.33%)
Mkt cap ! $5.673B
Open High Low Value Volume
$6.08 $6.09 $6.02 $35.62M 5.828M

Buyers (Bids)

No. Vol. Price($)
4 298927 $6.06
 

Sellers (Offers)

Price($) Vol. No.
$6.07 30108 3
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
LYC (ASX) Chart
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