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13.5¢ carbon revolution limited

Ann: DTC Election process, page-36

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sushisushi09

173 Posts.

10

07/11/23

10:30

Post #: 70762334
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Originally posted by mkench17: ↑

Not really their listing price put a value on their share's that were roughly 8-10x higher then what it traded at on the ASX i.e. 13c. One of the requirements on the nasdaq is that it needs to trade above $4 upon listing to remain listed. If we transferred the listing over it would trade at $1-2. So a 10-1 split would arbitrarily be trading at $10-20.

But this price movement close to the listing price is really unexpected and I am thinking that once the Aussie shareholders get access to the shares it will trade well lower then where it is now.

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yes, at $197.99 -130,000 trades.
But most CBR shareholders can only watch，but cannot trade.

CBR Price at posting: 13.5¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

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Add CBR (ASX) to my watchlist