What is likely to happen and relatively soon - "well advanced...

What is likely to happen and relatively soon - "well advanced preparations" (paraphrase PH) for a NASDAQ listing.

For those unaware how this works, ASX shares are bought by American depository bank (eg JP Morgan Chase or Bank NY Mellon) either on or off market and bundled into 'ADR's' to meet minimum $ listing value.

NO DILUTION.

Also from the horses mouth (I directly and specifically asked this question) What is the probable bundle ratio and PH response was 50:1 likely

Therefore share conversion allowing for AUD/USD currency exchange at present 12c SP = approx $4.00 per ADR.

Now, depending on US demand for IMU shares (ADR's) a lot of the ASX 6b shares could go across the ditch quick smart, especially on the back of a phenomenal announcement- which btw was also briefly discussed at Perth gig. And from the horses mouth (yet again for clarity sake - paraphrase PH) 'listing wont happen until when we have a major announcement to make, there is little point listing on NASDAQ without fanfare of Imugene arrival on the worlds biggest stage'

IMO - IMU recent appearance at JP Morgan health conference and JPM Australian division share %age increase from 5-9% is no coincidence.

Speculation- US punters want to buy big time (on back of big announcement just pre-NASDAQ listing). At 50:1 ratio could see billion(s) shares acquired from ASX - how would that affect ASX SP ??