IHL 0.00% 4.1¢ incannex healthcare limited

Ann: IHL Intends to Redomicile to US & List all Shares on Nasdaq, page-417

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  1. 1,958 Posts.
    lightbulb Created with Sketch. 4359
    I think that the BOD's preferred SP landing on the NASDAQ price would be circa $USD8.00 (**100:1) which corresponds to an exit (delist) ASX price of AUD$0.125c
    https://hotcopper.com.au/data/attachments/5575/5575973-4f198386d339aa3b65cbac2ba51af7c9.jpg
    With current FX @.64c.

    But currently, we are trading lower. If we delisted today we would land on the NASDAQ at circa $USD5.76 (**100:1) based on an ASX price of AUD$0.09c

    https://hotcopper.com.au/data/attachments/5575/5575974-76b21af886c3b56b8c7032bf6884d1c3.jpg
    With current FX @ .64c

    So the answer depends on our final trading price on the ASX.
    (**Remember consolidation -100 ASX Shares = 1 Nasdaq Share)

    Good luck @allhasfrolleyes.png

    Last edited by thevinnys: 11/09/23
 
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