After returning from another adventure I must admit I am pretty disappointed in the stagnate nature of the Lynas share price and the awful performance of the markets in general. However, despite the recent market consolidation the US NASDAQ is trading near a recent record high…
The reason I bring this up is that it just may be a perfect time to pursue a US listing, IMO Lynas suffers from lack of identity in the US. Many speculative US investors will not trade the traditional ADR available to the US investor and a NASDAQ listing would provide much needed investor exposure. A US listing is inevitable and will begin to open a dialog for the trepidatious investor who doesn’t understand rare earths as an investment…
Now that Lynas is establishing a physical US presence in the near future it is time to educate the global investor by allowing the inevitable conversations and free press that will result from a US listing… JMHO…
LYC Price at posting:
$5.66 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)