So there is no confusion:
1 Nasdaq share equals 40 Aus ASX shares,
therefore if all shares were Nasdaq shares the total shares in Immuron of 140,000,000 would equate to 3,500,000 Nasdaq shares
which at 30.0c AUS is a market capital in AUS dollars of $42,000,000
or as Orioles states $30 million USD.
The takeaway from these numbers is that even at $1.00 AUS a share that is still only $140,000,000 market capital.
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