The way I understand it will work, is that you will still buy and sell the CDI's on the ASX in $AUD. So same as now. One CDI however will equate to 100 shares (so, a reversal of what happens in the US now with the ADR's being 100 PLL shares). So effectively PLL is undertaking a 100:1 consolidation...Seems though that it will still be possible to convert our Aus CDI's for US CDN through Computershare US if we want to at some time in the future, again, similar to what we can do now.
Clear as mud?
J22
$2 Party, page-194
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Last
17.0¢ |
Change
-0.005(2.86%) |
Mkt cap ! $70.11M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 17.5¢ | 17.0¢ | $139.6K | 800.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 135513 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 5871 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| PLL (ASX) Chart |