LYC lynas rare earths limited

Good time for US listing?..., page-2

  1. 8,467 Posts.
    lightbulb Created with Sketch. 530
    If you are unsure why not do a little research? The requirements are 6 months above USD 5.00. Actually Neither Mellon bank or Lynas would do this until Price is above $10.00 and on a clear positive ramp. Simple reason changing from LYSDY or CF is not likely to be much of a bump. It is expensive and would require lots of reporting to US SEC in US format. Take a look at how many profitable multi billion Foreign companies are still on OTC, https://stockanalysis.com/list/otc-stocks/. If the Stock price Drops below USD 5.00, A notice is sent out quickly saying they will be delisted. This can take up to a year but notices and replies go back and forth while this is happening. These notices and replies bring lots of attention to the fact the company is not doing well. Never a good thing.

    For example LYSDY &CF met the requirements from Oct 2021 till Jan 2023. No application was ever submitted to upgrade their Listing. Many on this board said they should do this a few even said they wrote AL and board to ask why not. Looking at 5 year chart I am sure they would have been dropped back to Pink sheets some time late 2023 or early 2024. After many notices and replies had lots of Press about what was happening. Maybe the LYC board knows more than the posters on this board. Please try to think of the negatives as well as the positives of certain actions.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$10.13
Change
0.140(1.40%)
Mkt cap ! $9.490B
Open High Low Value Volume
$10.00 $10.23 $9.98 $24.07M 2.379M

Buyers (Bids)

No. Vol. Price($)
22 7961 $10.12
 

Sellers (Offers)

Price($) Vol. No.
$10.13 3798 10
View Market Depth
Last trade - 13.56pm 21/07/2025 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.