It says that the US listing will complement the ASX listing. So that probably means you get one adr for each 4 shares you own. That should boost the stock. Saying it will consolidate will cause investors to sell off the stock. Noone wants an unknown US share price with only a quarter of your original holding. I doubt the company would do that. Company will probably clarify it soon.
News: NVX Novonix Commences Process For Nasdaq Listing, page-46
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Last
68.5¢ |
Change
-0.045(6.16%) |
Mkt cap ! $337.5M | |||
| Open | High | Low | Value | Volume |
| 70.5¢ | 70.5¢ | 68.3¢ | $729.6K | 1.051M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 59265 | 68.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 69.5¢ | 10000 | 1 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| NVX (ASX) Chart |