My bad I completely forgot about the currency exchange rate from USD to AUD and was of the presumption it was like for like in relation to the value. Given that’s the case then yes value for value and pound for pound it’s one of the same in regards to the $ value. If my calculations are correct and we assume that the exchange rate is 1.5 times then any new investor purchasing under 12 cents might even be in front when the transfer occurs in relation to $ value. Hopefully we see more information come to light in the near future to make us LTH make a better informed decision but I must admit it is starting to grow on me. Looks like I need to get back in and ride this out!
IHL Price at posting:
11.0¢ Sentiment: Hold Disclosure: Held