The conversion of 7 ADRs for 1 RSH doesn’t occur at 2.25c or any other price- it just happens. Your 7 ADRs become 1 RSH.
Based on the current price of RSH, that’s 12.5c/7 = 1.785c worth of value to an ADR holder who accepts the deal. You can go on all you like about 30 day VWAPs etc but that is irrelevant.
When you buy or sell a stock do you make the decision based on the historical 30 day VWAP or the current price?
- Forums
- ASX - By Stock
- Ann: Proposed issue of Securities - RSH
The conversion of 7 ADRs for 1 RSH doesn’t occur at 2.25c or any...
-
- There are more pages in this discussion • 206 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RSH (ASX) to my watchlist
|
|||||
Last
3.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $38.54M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 800000 | 2.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.0¢ | 508500 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 800000 | 0.028 |
2 | 700000 | 0.027 |
3 | 338888 | 0.025 |
2 | 375000 | 0.024 |
1 | 21521 | 0.023 |
Price($) | Vol. | No. |
---|---|---|
0.030 | 508500 | 3 |
0.031 | 397242 | 2 |
0.032 | 40000 | 1 |
0.033 | 38333 | 2 |
0.034 | 425000 | 2 |
Last trade - 16.12pm 11/09/2024 (20 minute delay) ? |
Featured News
RSH (ASX) Chart |
Day chart unavailable