that listed to the nasdaq
the back and forth process is obvious.
so i really do not care if it will be tommorow or in a month from now
when it will be traded on nasdaq the comparison to other nasdaq listed company will be make by investors and with oil aproching 50 usd (and as i thought before it will be 60-65 usd by year end) LONE will have a huge run
i think that the run from 3 to 6 was only a promo.
LONG AND STRONG AT LONE :-)
bought some at 4 usd.
see you on nasdaq :-)
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
wonder when we get green light from nadsaq.
good news is that now institution investors can buy it
axas should run too
nasdaq listing is imminenet
less then 60 m $ market cap
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
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