I have been looking at the ADR vs ordinary share ratio, most seem to be in the range from 1 to 10, with some outliers above that.
SM indicated a price of between $20 to $30 per ADR, I think the surprise may be that these prices may be too low.
I assume there will be two ratios one for for RLT and one for REN due to the exchange differences.
Ann: Half Yearly Report and Accounts, page-128
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Last
72.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.83M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | 71.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 72.0¢ | 10000 | 1 |
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