If you consider that the A$ has appreciated 25-30% over the recent past, that's put a real limit on what oz shares are worth to o/s investors, so even if the share price was constant over the last few years it's actually gone up by 25-30% to those buying from o/s. Inversely, o/s investors buying shares from the US or UK would be buying them at a discount as their currencies have depreciated relative to their own currency.
Talk of it being due to political factors is either naive or intentionally mischievous.
pre-open market up to $1.57, page-21
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Last
$7.61 |
Change
-0.100(1.30%) |
Mkt cap ! $7.113B | |||
| Open | High | Low | Value | Volume |
| $7.65 | $7.65 | $7.49 | $13.50M | 1.778M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10000 | $7.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.61 | 6808 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |