SEA 0.00% 16.5¢ sundance energy australia limited

Buying SNDE on Nasdaq

  1. 16 Posts.
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    The current price is USD$1.20 so am I right in thinking this will be rerated tomorrow and head north to USD$12 to factor in the 1 for 100?
    I'm concerned that the sp will stay low as many won't have their shares ready to trade and its thanksgiving week in the US so trading is light.
    Honestly I'm concerned after the multiple beatings over the last 12 months the final insult will be our goodbye ASX price of .165 will equate to .0165 on the Nasdaq and 1 for 100 should have been 1 for 10.
    Is buying on US Nasdaq the play?

    OR can someone tell me I've missed something.
 
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