just a quick repost here from last month ... nice mellons
for those who doubt what the market maker is doing ... beleive me they are in it for the $$$$$ ... and will trade PBMD ... big time
repost
" interesting to note that from the form 20 F
" The Bank of New York Mellon, as depositary, has agreed to reimburse us for expenses we incur that are related to establishment and maintenance of the ADS program, including investor relations expenses and stock market application and listing fees. "
... with all the expenses incurred to date with the Nasdaq listing .... Prima Biomed's time, staff , paperwork, legal fees , etc .... the cost amount would be quite substantial ...
... and the really great bit about that is .... in order to recoup their fees and make the whole listing exercise a highly profitable exercise for them ... reckon that BNY Mellons may just pump PRR / PBMD big time on listing .....
... Nice mellons. "
... let the pumping begin
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