Each new shares on the OTCQX are equal to 100 shares ASX and the company has to purchase them on the ASX to fill any orders on the OTCQX so I would hope this will be a positive on the local market. The hope is that the shares will be over 10c by October 31st. when the 40 m 10c OB's become due and this will give them the capital required for the ongoing works. This is only my opinion and I hope I am close to the mark.
TEX Price at posting:
6.6¢ Sentiment: Hold Disclosure: Held