Thats right missusb. Assuming one for one and no migration then there will be 250 mil shares in Aus and max 20 mil in USA.
Then assuming Directors and other large shareholders migrate their shares across and assuming they are not sellers then the liquidity will still be in Aus.
The only way to increase the liquidity in the US market is for the appointed investment bank or Eddie and his mates to start buying stock in Aus to then on sell to the US client base looking to get set. This is what I see happening and why we will be well over a dollar going into the actual NY listing.
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Open | High | Low | Value | Volume |
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3 | 4058332 | 0.010 |
5 | 2072715 | 0.009 |
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0.016 | 429958 | 1 |
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