The cash on hand dropped to 900 M last Q, if not for stock sale and loan forgiveness it would be at 650M. I think by end of Q3 people will realize that Lynas no Longers has lots of extra cash and that cash will be very important. You should try to watch things before you give them away. The key here is operation is burning cash and you cannot have dividends or Buybacks when Operations is using cash. All data is in Q reports.
do you have any Idea what listing in US entails. first you have to meet all US SEC requirements. for most companies this means to separate sets of books and audits. One for US one for the home country. Every press release has to be written and compliant with both countries. Revealing certain information has to be done withing guidelines within US & AU time, time shifts make this hard. and complicated. Of .right now Lynas has to be on the Pink sheets because they do not meet the first requirement to be any where else. The requirement to get off pink sheets is a SP above US$5.00 for 6 months. They did meet this about a year ago. No request was filled by Lynas or Mellon so right now it looks like they are not interested. Here are a list of non US companies on the OTC note who chooses not to be on Nasdaq or NYSE. Note the sales volumes of some of these companies. aramco which is the third largest company in the world, MC 2 Trillion $ chose to stay on OTC
Largest Non-US Companies (2023) | Hantec Markets (hmarkets.com)
Great to talk like it is a silver bullet. Lots of work and both Non Recuring and Recurring cost to do it. Now when they have Texas up and running that company can list if it is independent of Lynas AU a good example of this is Toyota USA which is a sales, Distribution and US manufacturing division. It symbol is TM there is also Toyota Moters in US and its symbol is TOYOF a tracking stock of Toyota Japan. Do some research before you put out ideas.
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Last
$9.28 |
Change
-0.060(0.64%) |
Mkt cap ! $8.680B |
Open | High | Low | Value | Volume |
$9.28 | $9.37 | $9.22 | $79.29M | 8.816M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 191946 | $9.28 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$9.34 | 15209 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500 | 9.260 |
5 | 15000 | 9.250 |
1 | 2001 | 9.220 |
1 | 105 | 9.210 |
1 | 55 | 9.200 |
Price($) | Vol. | No. |
---|---|---|
9.350 | 3375 | 2 |
9.390 | 5222 | 1 |
9.400 | 375 | 2 |
9.450 | 4000 | 2 |
9.480 | 1000 | 1 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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