Lynas did not need a US partner to have a company registered in the US. Forming a corp. in the US is easy and there is no requirement for US citizenship. A US address is required. Many Lawyers supply these addresses. Just look at all the US companies who's corporate address is in Delaware for tax purposes with no presents in the state at all. This is legal and well known. So there must have been some reason to tie up with Blue Line other than wanting a US partner.
Most world wide companies have wholly owned subsidiaries in every country they operate it. Primary reason is taxes but it is also a convivence for contracts and other things. Even simple things like renting a car. If you have a business card and picture ID from a locale registered corp even if your license say US the rate for car drops substantially.
- Forums
- ASX - By Stock
- LYC
- All time high
All time high, page-104
-
- There are more pages in this discussion • 100 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LYC (ASX) to my watchlist
(20min delay)
|
|||||
Last
$6.35 |
Change
-0.050(0.78%) |
Mkt cap ! $5.935B |
Open | High | Low | Value | Volume |
$6.46 | $6.47 | $6.34 | $19.83M | 3.109M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 11865 | $6.35 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.36 | 3637 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 6.350 |
4 | 5536 | 6.340 |
4 | 13908 | 6.330 |
6 | 42312 | 6.320 |
6 | 24381 | 6.310 |
Price($) | Vol. | No. |
---|---|---|
6.370 | 3462 | 2 |
6.380 | 18088 | 2 |
6.390 | 11392 | 2 |
6.400 | 16874 | 4 |
6.420 | 785 | 2 |
Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
Featured News
LYC (ASX) Chart |
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online