Really depends on if the nasdaq price leads or lags the ASX. If markets are efficient (which they are not), then there can be gap ups or downs.
Say the raise is at $9USD, which is $1.33 AUD. And one day the price goes to $11USD, then the equivalent is $11 USD/9 = $1.62 AUD, we would hope the ASX price gaps up next day we open....etc depending on where our price closes the day before.
And vice versa.
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Really depends on if the nasdaq price leads or lags the ASX. If...
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