INR 3.57% 14.5¢ ioneer ltd

Ann: Status of ioneer Nasdaq Listing, page-4

  1. 45 Posts.
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    So this is a 1/40 listing on NASDAQ. Does that mean it should open at somewhere near $11 USD?

    i.e SP currently .40c AUD x 40 shares = $16 AUD.
    $16 AUD is roughly $11 USD?
    Is that how it works?
 
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