I asked Joel this question at the Perth meeting, from memory, he replied that the minimum list price is $1 but the recognised "sweet spot" is $6-$8 a share. He added that it was possible to change the ratio from 100-1 to something else (150-1?) but that at this stage this was not being considered. My take away was that we will be listing regardless of the price here when we delist.
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Ann: IHL Intends to Redomicile to US & List all Shares on Nasdaq, page-420
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