Interesting that the US market seems to be leading the ASX market in the share price appreciation and it is on much heavier volume as savvy US shareholders begin to connect the dots…
This makes for an interesting paradox in that any increase in US share price must be followed by an equivalent rise on the ASX or the inequity will quickly roll into instant profits for the trading Bots thus complicating the share price story even further…
On the other hand, the US investor has virtually no way of investing on the ASX leaving the LYSDY and LYSCF flavors as the only investment vehicle available. With the ADR, liquidity is a big issue resulting in volatility with both flavors…
A US NASDAQ listing would be perfect about now, it would do much good to open up the US market as interest is accelerating and it would give the ever-growing list of Americans a chance to invest in Lynas… (without ADR fees)… JMHO…
Interesting that the US market seems to be leading the ASX...
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Last
$5.93 |
Change
-0.020(0.34%) |
Mkt cap ! $5.542B | |||
| Open | High | Low | Value | Volume |
| $6.04 | $6.04 | $5.93 | $23.75M | 3.975M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 128544 | $5.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.95 | 12481 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| LYC (ASX) Chart |