An interesting article in Seeking Alpha : https://seekingalpha.com/article/4615554-betting-on-america-with-mp-materials
With the MP stock at US$24.30, and LYCSF at US$4.72 could a large part of the difference be due to State Street (to a limited extent?) and the Malaysia handicap? The article does mention MPs location in ultra woke California as a risk factor.
Or could it be that LYC needs to raise its profile in the US?
Note that Australian BHP - also a duel ASX/NYSE stock - is equivalent of US$28.69 on the ASX and $57.80 on the NYSE.
LYC vs MP
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 (20min delay)
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Last
$6.89 |
Change
-0.175(2.48%) |
Mkt cap ! $6.486B | |||
| Open | High | Low | Value | Volume |
| $6.94 | $6.97 | $6.87 | $6.258M | 904.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 4319 | $6.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.89 | 6053 | 23 |
View Market Depth
| Last trade - 12.35pm 02/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |