I do not know if you live in US but right now trading LYSDY and CF in the US is a royal pain. It will remain so as long as it is on the pink sheets regardless of split or no split. $ volume is just too low. Even a $20,000 trade is a pain it takes days and has to be dribbled out to avoid a major rise in price. Right now even with a 1/10 or 1/100 split it would not put them on the Nasdaq, so no point. When the time is correct a split would help. the US is a good sized market, to involve a higher percentage of it by being on Nasdaq Would help SP.
It should be mentioned that DY and CF can have a split independent of LYC.AX. One of them (CF I think) was originally 10 Shares of LYC.AX for one share of LYSxx they could do a rev split at any time independent of LYC.
When time is correct it should be done. Not now.
Questions..., page-187
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Last
$8.09 |
Change
0.070(0.87%) |
Mkt cap ! $7.561B | |||
| Open | High | Low | Value | Volume |
| $8.15 | $8.27 | $8.08 | $35.31M | 4.353M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7192 | $8.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.10 | 4833 | 2 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |