Some alternative thoughts. Let consolidate at 25:1 therefore each ADR becomes a single share and that gives us about 64 million SOI in Oz. Let those interested in going to the US of A proceed and see what split we end up with. We may be able to achieve our goals being in both places, it has worked for others. I think there’s about 5 million ADR’s / shares so let’s say 45 million transfer from Oz therefore we end up with 50 million on the NASDAQ and 20 million on the ASX trading at around $2.35 aud about $1.60 usd in todays terms. Isnt this possible, if not why not?
IHL Price at posting:
9.4¢ Sentiment: Buy Disclosure: Held
