i will be happy to see the link but
nasdaq listing was only a question of when not if.
this company know how to deliver, they go on the safe side and this is the best way to run a company.
during all my 20 years in investment i do not remember an australian otc company that listed to nasdaq, i guess this proccess is more then a pain in the a... for the company, and nasdaq arent easy on these kind of procedure so if there is a delay its just the obvious.
company diserve all credit by doing it.
stil think with oil at 50 usd, lone on nasdaq and 10+ usd is within weeks.
long and strong
lack of liquidity,look what happened in AUS stock exchange, 1200 shares drove it down 11% and cut 5 m usd from its value.
i need it to be up 3 times just to get to into the money.....i can't and i don't want to average down here,it is tempting but no one can predict oil prices in the future and im not going to try.
im not selling of course and i still think its one of the best companies in the industry with briliant management but i want to see it reducing its debt + money infusion from the owners.
lnref only 50%.
leverage works both ways, that is why i think on nasdaq LNREF will close the gap
bye the way, there is a cc next week:
Lonestar Resources Ltd at ROTH Conference
in nasdaq uplisting
wonder when we get green light from nadsaq.
good news is that now institution investors can buy it
slide 3 on the new presentation
Move to United States Is Imminent
• Form 10 Filed with U.S. Securities&Exchange
Commission on December28,2015
• Shareholder svoted to move domicile from Australia
to United States on March 10,2016
• Lonestar has made application to the NASDAQ,
reserved the symbol “LONE”
• Expec move in April 2016
it can double in a day
axas should run too