GTG genetic technologies limited
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differnces between (NASDAQ) ADR & ASX prices

  1. iron9
    754 Posts.
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    10/01/20
    13:15
    Post #: 42320003
    GTG's latest ADR price: US$4.73
    ie A$ 6.85(=4.73*1.45)

    There are 150 ordinary shares comprising each ADR.
    (https://www.gtglabs.com/investor-centre)

    i.e. A$0.046 (=$6.85/150)
    per share

    but our latest GTG (ASX) price is A$0.01 (i.e. 1c per share)
    (I thought it should be about A$0.046 i.e. 4.6c)

    Is my calculation wrong?





    GTG Price at posting: 1.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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