Sorry. I thought Msb was one of my CDIs
Msb is a dual listed company.
It's trading on the US on ADR basic 1:100 Msb.asx
PRE is a clear example of how to transfer from Asx to Lse.
https://www.asx.com.au/asxpdf/20210120/pdf/44rvsv1nf0xhjr.pdf
Pll allows investors to trade on 7/5 on a probation period.
Pll will remove its Pll.asx code on 17/5
Now I know why the sp is so volatile for the last 2 days.
Pll should suspend the trading for 3 business days due to huge amount of stocks will be transfer from Asx to Nasdaq.
The suspension date should be on the 14/5 before the delisting day, 17/5.
Because Pll allowed the securities to take effect on the 7/5 that was the reason why the stock was so volatile due to the lack of liquidity as the securities are transferring to Nasdaq .
PRE share price shot up from 24/2 to 19/3 so Pll will experience the same trading behaviour therefore It's best to buy dip and laugh all the way to Nasdaq.
Ann: Results of Scheme Meeting, page-57
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Last
14.5¢ |
Change
-0.005(3.33%) |
Mkt cap ! $60.47M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 14.5¢ | $154.3K | 1.059M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 20596 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 13028 | 5 |
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| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| PLL (ASX) Chart |