Hedge funds short the stock because it is worth less than what it is trading at. They have been doing this for a while and have continued to make money off the trade. Even if Lynas had traded at $100 in the past, does not mean it is worth even $1.00 in the future. Companies traded on the present value of future opportunities and right now the value of Lynas's future opportunities is very questionable.
Hedge funds short the stock because it is worth less than what...
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 (20min delay)
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Last
$9.67 |
Change
1.380(16.7%) |
Mkt cap ! $9.045B | |||
| Open | High | Low | Value | Volume |
| $9.50 | $9.96 | $9.38 | $153.8M | 15.88M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 914 | $9.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.68 | 12000 | 2 |
View Market Depth
| Last trade - 16.10pm 11/07/2025 (20 minute delay) ? |
| LYC (ASX) Chart |