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If I recall correctly, that was a consolidation of the American...

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  1. 3,892 Posts.
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    If I recall correctly, that was a consolidation of the American Depositary Receipts (ADR) for those trading on the NASDAQ, in the USA not that long ago from a ratio of 5:1, 5 ASX shares to 1 ADR, consolidating to 10:1. Interesting insight into your mindset. Here in Australia, on the ASX, since I have held Mesoblast it has not consolidated.

    Now where I have heard the derogatory term mugs used most often?
 
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