If you read above, that section is purely for the sake of calculation of the registration fee, hence the note
"For the purpose of this table only the term "unit" is defined as 100 American Depositary Shares."
For the purpose of calculating the registration fee, they have assumed 1 unit = 100 shares.
We know based on ann and the other document that the ratio is 30:1 which further reinforces
This would also explain why there is 50mil ADS as it would equate to roughly current market cap which makes sense in calculating the registration fee as it would be the maximum that PRR could potentially put on Nasdaq.
Then from what Philbar has said, the registrant being Mellon will need to amend this submission and deem it effective as per this note
"The registrant hereby amends this registration statement on such date or dates as may be necessary to delay its effective date until the registrant shall file a further amendment which specifically states that this Registration Statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933 or until the Registration Statement shall become effective on such date as the Commission, acting pursuant to said Section 8(a), may determine."
Within that amendment will be the final conditions for how many ADRs to be created, etc along with a yes or nay on the status
Just my interpretation.
Fingers crossed and GLTA
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Last
31.0¢ |
Change
-0.005(1.59%) |
Mkt cap ! $450.9M |
Open | High | Low | Value | Volume |
31.5¢ | 31.8¢ | 31.0¢ | $897.5K | 2.872M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 79201 | 31.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
31.5¢ | 138883 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 79201 | 0.310 |
18 | 240613 | 0.305 |
26 | 668636 | 0.300 |
7 | 138083 | 0.295 |
11 | 229590 | 0.290 |
Price($) | Vol. | No. |
---|---|---|
0.315 | 138883 | 3 |
0.320 | 47330 | 2 |
0.325 | 36000 | 2 |
0.330 | 199775 | 4 |
0.335 | 196676 | 5 |
Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
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IMM (ASX) Chart |