Yeah the reason they only need about 1% is they are most likely engaged in writing CDS / CFD's. So they have a bullish investor who takes a long CDS then they hammer the SP and make some money.
Also as they have a broking house that allows margin lending against LYC, I wonder how many of their own clients are leveraged long on this share?
They can squeeze money from this all sorts of ways by shorting. Thats the way they roll....
Yeah the reason they only need about 1% is they are most likely...
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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 |