Yeah, I kinda figured that it had something to do with safety...
On another note, there has been a rash of reverse splits of stocks in the US, primarily made to keep the given company listed on the NASDAQ...
IMO it is a good time for Lynas to reverse split... With good news looming in the near future a RS just might be the ticket to raising investor interest in not only OZ, but in the US where it is not very well known and under most investment firms radar...
I know the issue has been discussed before but with the recent dilution it might be a good time to pull the trigger...
Now, if we could coincide a visit from Najib with such an announcement it would be a nice shot to the upside...
checking out gate of lamp, page-15
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Last
$7.89 |
Change
0.040(0.51%) |
Mkt cap ! $7.459B | |||
| Open | High | Low | Value | Volume |
| $7.99 | $7.99 | $7.87 | $5.237M | 658.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 2255 | $7.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.89 | 1134 | 4 |
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| Last trade - 11.34am 06/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |