tuts ,the US currently hold about 1/3 of the total shares on issue in ADRs ,,at 100/1 conversion rate ,should the US market require more shares ,say due to a spike in interest from potentially favourable news,I believe taking into consideration that the top 20 own about 50% of the shares on issue,,,demand would far outstripe supply potentially causing a parobolic rise in price ,here’s hoping anyway.Mananagement have also stated in the past that they had pondered the idea of consolidation,but it’s my belief from what I take from there statements that that’s currently not on the cards.
When?, page-26
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add IMM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
30.0¢ |
Change
0.010(3.45%) |
Mkt cap ! $435.7M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 30.5¢ | 28.5¢ | $375.6K | 1.260M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 136863 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 239638 | 16 |
View Market Depth
| Last trade - 14.45pm 19/07/2024 (20 minute delay) ? |
| IMM (ASX) Chart |