IHL 0.00% 4.1¢ incannex healthcare limited

Ann: IHL Intends to Redomicile to US & List all Shares on Nasdaq, page-192

  1. 310 Posts.
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    I completely understand going over to the nasdaq to increase exposure which definitely makes sense but my gripe is with the consolidation ratio. If I buy at 11 cents today on conversion my $11k drops to 8k per 100,000 shares. Am I not better off buying directly on the nasdaq instead or if it were to go to 8 cents then it’s like for like where you don’t lose out on conversation.
 
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Currently unlisted public company.

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