Maybe it is because she knows a lot more than you do. First for a full listing on NYSE or Nasdaq that means that every major announcement has to be compatible with both AU SEC and US SEC rules. This is expensive take a look at companies Q report in US and compare to Lynas. More detail than even Lynas SAR. Also some definitions are different so even numbers like sales can be different. I worked for many years in US and this is expensive and distracting even for US companies. Many offshore companies that are very large never bother. The last thing the Lynas management team needs right now is the complications of dual listings. Do some googling and see for yourself some of the companies on OTC. Companies Like Toyota, Siemans Nelsie. There is a Toyota on Nasdaq but this is Toyota USA which is primarily a sales and service company with is principally owed by Toyota Japan. I will agree Lynas needs to get off the pink sheets ASAP but they can do just fine on the OTC
To get off of Pink sheets the Stock Price has to be higher than USD 5.00 for six months. I found it strange that Lynas was above this price for almost 12 months yet they never put in an application to move their listing to full OTC from pink sheets. Even this requires more records and reports. Lynas met the US$ 5 requirement from 10/4/2021 till 9/19/2022
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lynas rare earths limited
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$10.14

Maybe it is because she knows a lot more than you do. First for...
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Last
$10.14 |
Change
0.020(0.20%) |
Mkt cap ! $9.485B |
Open | High | Low | Value | Volume |
$10.14 | $10.25 | $10.02 | $65.63M | 6.468M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 700 | $10.10 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.15 | 500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 200 | 10.100 |
2 | 9000 | 10.090 |
2 | 2270 | 10.080 |
3 | 13000 | 10.070 |
2 | 6176 | 10.060 |
Price($) | Vol. | No. |
---|---|---|
10.150 | 500 | 1 |
10.160 | 200 | 1 |
10.180 | 450 | 1 |
10.190 | 3170 | 3 |
10.200 | 23155 | 4 |
Last trade - 16.14pm 23/07/2025 (20 minute delay) ? |
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LYC (ASX) Chart |