IHL incannex healthcare limited

Will this trading option be relevant to IHL holders?The CDI...

  1. 47 Posts.
    lightbulb Created with Sketch. 3
    Will this trading option be relevant to IHL holders?
    The CDI route
    The most likely scenario, according to experts, is for Afterpay to convert its current stocks into CDIs.

    A CDI allows investors to obtain all the economic benefits of having the actual stock, without holding legal title to the stock. And like normal stocks, a CDI is settled electronically through the CHESS system.

    The main difference between holding a CDI and the actual stock is that the legal title of ownership is not under your name, but instead will be under a nominee company, the CHESS Depositary Nominees Pty Limited, an ASX entity created on behalf of CDI holders.
    https://www.google.com/amp/s/**promotion blocked**/tech/what-happens-to-my-afterpay-stock-if-it-moves-to-the-nasdaq/%3famp
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.