LYC 0.00% $7.89 lynas rare earths limited

Those sellers just want to make sure they sell TODAY. They put...

  1. 423 Posts.
    Those sellers just want to make sure they sell TODAY. They put in a bid well below the last price, and that way they make sure they are included in the closing match.

    The actual price at which the trade happens will be determined in the match, and will be significantly above 0.15 - but unfortunately could be below 0.27 :-(

    Looks like quite a few margin calls on this stock also, forced sales.

    So many of my stocks are now very thinly traded. I can't recall a time when there were so few people interested in the market. Such thin volume can't be good, as it gives rise to big swings when a sale happens.

    Still need patience.
 
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