LYC 4.18% $7.72 lynas rare earths limited

lynas pink sheets, page-3

  1. 1,272 Posts.
    lightbulb Created with Sketch. 1945
    Yeah, we closed the LYC ADR (US pink sheets) @ $2.45 US... Unfortunately you Aussie keep jacking up what us Yanks need to put out for one of your dollars... The current premium is $.10 and it has been a quick rise...

    Given the premium is ten cents on the dollar $2.25 AUD equals $2.47 USD... While it has no effect down under, it appears that it is a great way for us Yanks to play the foreign currency markets... Small consolation...

    I would much rather be in a country with a solid economy...
 
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