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!!!!!
IHL Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held