I would think that there are quite a few who will trade in their shares in order to protect their capital in view of the Eurozone mess. Actually I think the hedge funds would love that.
Someone said recently that only 24% of the share base is held by retail investors. So I would not be surprised if the Funds are after a slice of that percentage. They want it because Lynas is a sure bet and a four-five bagger in the next 3 years. Lynas has the potential to turn a lot of people into millionaires.Especially if you are in the 701 Club!
But if there is a sell-off, I wonder if the Hedgies will short it again because if I was going to sell and I might (along with a lot of others here IMHO) I would be waiting in the wings for those buggers to short it again and I would be right back in as soon as they got it to a nice number.
I too can play their game, so methinks they may try a different strategy to keep us out.....or would they? That is the question.
what might happen when the tol is approved!
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.05 |
Change
-0.010(0.17%) |
Mkt cap ! $5.655B | |||
| Open | High | Low | Value | Volume |
| $6.00 | $6.10 | $5.97 | $26.46M | 4.378M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 849 | $6.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.07 | 10260 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |