IHL
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If it is 50:1 we are not treated to well then - please clarify...

  1. Lupe
    268 Posts.
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    18/08/21
    07:58
    Post #: 55370600
    If it is 50:1 we are not treated to well then - please clarify my understanding - it would mean that the price on NASDAQ needs to be USD 50 for the ASX shares we hold to be AUD 1

    My assumption would be at a USD 6 listing price on NASDAQ, which is the minimum price for listing against current price would be a 30:1 ratio
    IHL Price at posting: 27.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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