But by listing on another stock exchange it is effectively spliting its value in half or by whatever amount of extra shares on issue on the other exchange. if it was worth $10 and there were 10 stocks that makes each one WORTH $1 but then to create another 10 stocks on another exchange means the value of $10 is still the same but there are 20 stocks representing the company which makes its new value 50c.
It may be the first company to market with psychedelics on the ASX but the key medicinal compound can be grown by a desperate person with no money in their bedroom cupboard.
CPH Price at posting:
22.5¢ Sentiment: Hold Disclosure: Not Held
