As now the image is more clear, this thread is to try to understand the mechanics of the dual listing and how it will affect the price of ASX:IHL
so now Incannex will issue a number of new shares lets say 5M new shares, these will be offered to investors in USA as part of the IPO. Roth will be the bookkeeper of these new 5 Million shares.
Once trading starts in US, on the first day, will Roth only have 5 M shares to offer to investors ? what is the mechanism of transferring the over 1B share from the Australian market to the US market ?
In other words, how can Australian investors benefit from the demand in US ?
Thanks,
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