Ok firstly does anyone know of similar companies on the nasdaq (same type/stage) as Ihl and what they are valued at?
Secondly, will we continue to trade on a ADR basis in the US or will it be ordinary shares moving forward?
thirdly, I really like this idea in their appetite is bigger and bigger pockets so potential gains are Ben bigger than I intially forecast if successful. however, companies (tech) at that do fall hard and fast in the US market if it loses investor appetite and unsuccessful results. So I guess it’s a risk reward which it is the same on the asx it’s just greatly magnified in the US, and I take some may not be that risk averse. personally I wouldn’t have gotten into the spec space if I didn’t have a risk/reward nature espcsilly with strong fundamentals.
gltah, will be interesting how they explain and position this move to the shareholders over the next weeks/months. October isn’t that far away
IHL Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held