Pycnantha, going by that mate it appears to me....
AJX has about 302m shares on issue...
44,ooo initially converted to adrs at 40:1 =1100 adrs...
approx 1.5% of shares go to market maker, BNY Mellon..
adr value $31.24 AU=approx $40US....
I think I worked that out right, that's if it happened now of coarse....
Dunno? Too high a starting price?.....Can someone check that?
Ann: Alexium admitted to NASDAQ International Designation, page-69
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