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3.75% 8.3¢ immuron limited

Ann: Change in substantial holding, page-2

  1. McDuff123
    19 Posts.
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    03/06/21
    12:12
    Post #: 53619118
    Does this in anyway have to do with the trading halt and the pending news, or is this a stand-alone action?
    I know that Mellon Bank is the repository for the company shares that get “converted” into NASDAQ shares (at a 40-1 ratio), and from time to time Mellon releases shares from its holdings for the conversion.
    Just wondering if this is coincidental with the trading halt, or in some way connected.
    IMC Price at posting: 16.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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