In relation to the mechanics of an ADR, at what price are they purchased by the US investors? I ask this because our markets will be closed when they will be purchasing, and as an example, how will their order be fulfilled if there is an announcement the next morning (pre open) and the price jumps on open?
Ann: Launch of American Depository Receipts, page-35
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Last
26.0¢ |
Change
-0.020(7.14%) |
Mkt cap ! $510.2M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 28.5¢ | 25.5¢ | $7.516M | 27.29M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 1157328 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 293532 | 14 |
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| Last trade - 14.00pm 08/10/2024 (20 minute delay) ? |
| BRN (ASX) Chart |