ASX price x 100 ((meaning your single share is worth 100 x more - however you will be given 100 x less))
on todays price 0.12c x 100 = $12.00 - now convert this to US dollars.
1 Aus Dollar is currently worth 0.67 US Dollars
$12.00 Aus Dollars x $0.67 US Dollars = approx $8.00 US Dollars.
Forget the current ADR and 1 to 25 ratios ((these will be picked up in the wash and calcs)) - also any options ((loyalty as an example)) will transfer across. They will be worth 100 x more but you will get 100 x less.
Very broad overview but essentially this is how it works.
The important thing to understand is NO VALUE IS LOST!!!!!
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