RE:RE:RE:Nice GainsNo direct access I'm afraid Pip, the cost of legal compliance in the US is just way over the top for all but the biggest Oz companies.
But same applies for us, I have to engage a broker in Canada to hold MDL stock for example, broker also holds my warrants until I exercise them.
Best way to buy in Aust is to open a bank acct if you can, use their online platform and they will hold direct stock in your name, but you may need to travel to do that. Over the years I've set up French, Dutch & Greek bank accts, all have their uses & benefits, and costs.
But frankly you guys are way better off with the breadth & depth of US mkts, nothing else compares.
But just concentrate on the cap gain LYC, very confident it will be trading far higher shortly.
This CR is quite clever in that it underpins the basic business, derisks Malaysia etc, insto's have gone troppo and the placement was bid 3x, and Insto's took up full entitlement representing 45% of register.
The missing link in the public domain is the mkt to sell additional 3300tpa NdPr, total 10.5ktpa, Lynas would only be moving if they were very confident US mkt via DOD tender. LRE result due now, if that breaks over this CR the SP will move well over $3 IMO.