I do understand that the shares will need to be purchased on the ASX but what I meant was that there would be no transfer to individual US holders? Their trades are 'on paper' as such, with the issuing bank holding the underlying on the Aussie register.
Trying to gain a full understanding of the process.
Cheers
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31.0¢ |
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Open | High | Low | Value | Volume |
29.0¢ | 31.5¢ | 29.0¢ | $1.805M | 5.903M |
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4 | 51236 | 0.300 |
2 | 49237 | 0.295 |
3 | 66656 | 0.290 |
4 | 118595 | 0.285 |
Price($) | Vol. | No. |
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0.320 | 199990 | 9 |
0.325 | 271463 | 4 |
0.330 | 111100 | 3 |
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