I have been following this stock for two and half years. I have spoken to the company a couple times, recently in regards to this stock listing on the Nasdaq. Like all of the investors I believed they would list in Late December. When I spoke to the Company Secretary end of February about the Nasdaq he said to me that he still need to clarify some issues in regards the listing. I can tell you that they are looking list a $3.00 US. The US will get approximately the number difference in Australia. If the Australia price is 15cents than they get 20 shares for the price.
That is why I believe the company sell more shares when they get to about $24.00 to lower the share price to entice the US investors.
prr : a 30 - 35 bagger ... a timely reminder, page-15
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Last
31.0¢ |
Change
0.020(6.90%) |
Mkt cap ! $450.9M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 31.5¢ | 29.0¢ | $1.805M | 5.903M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 193400 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 1000 | 1 |
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| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| IMM (ASX) Chart |