The warrants are trading at $1.75. I was planning to pay $0.90 like yesterday's close - no luck.
But this means that the US IPO was damn cheap. People can sell their bonus warrant for $1.75 - in effect a huge discount.
Though it still may still make more sense to sell the share and hold the warrant...share last traded $4.90. Which puts some downward pressure on the US SP.
Ratio is between AU:US shares - 1:60. So $4.90 trading price in US = US$0.0816 per ASX share = $0.1245 AUD.
General Chat, page-7788
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17.0¢ |
Change
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Mkt cap ! $41.40M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14999 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 2805 | 1 |
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