I just had a look at my Sydney meeting minutes. Once trading stops on the ASX there will be a roughly 2 week TH for Australian shers to set their accounts with the US registry before trading commences on the NASDAQ. Not sure why this process was changed.
I have never sold, accumulating on the ASX downtrend but would of been a golden opportunity to offload some 4-5ct parcels in the $12 (18ct AUD) range. Maybe if us Ozzies were able to trade it wouldn't of reached those heights... All good as I'm certain the SP will be at multiples of $12USD in the next 12 months and looking at the bigger picture.....RePOSA.
IHL Price at posting:
4.1¢ Sentiment: Buy Disclosure: Held
