not sure I understand the difference if the ratio changes.
if I'm an American with $10,000 to invest in pbmd,
.at ratio of 1:30, I'd own 1111 units @$9, and 33333 units would be bought off the asx market 30c.
.at a ratio of 1:10, I'd own 3333 units @$3, and 33333 units would be bought off the asx @30c.
so isn't it the same demand on the asx? 33333 unit bought on the asx for every $10000 US
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Last
37.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $537.4M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 38.3¢ | 36.5¢ | $1.060M | 2.841M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 48648 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 13814 | 2 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| IMM (ASX) Chart |