SSN samson oil & gas limited

number of adr's on issue, page-9

  1. 975 Posts.

    Shushi asked: "What is your point?"

    Samson use the word "share" in their announcements, but the word "receipt" is used on their website, and other documentation submitted to the New York Stock exchange and the USA SEC.
    This may lead to a misunderstanding that people trading the receipts, are trading the fully paid ordinary share. As I mentioned previously, the BNY hold those shares which it has issued receipts for; and, may at any time they feel like it, sell those shares on the ASX.
 
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