re: lhg will ride the wave.
Just in case some might not know this has happened to LHG in new york...10 to 1 now...before it was 20 to there 1...
Mx
Notice to Holders of American Depositary Shares (“ADS’) Evidenced by American Depositary Receipts of Lihir Gold Limited CUSIP# 532349107 Dear ADR Holder: Pursuant to the Deposit Agreement dated as of October 5, 1995, amended and restated as of October 2, 2006 among Lihir Gold Limited (“The Company”), The Bank of New York as Depositary, and all Owners and Beneficial Owners of American Depositary Receipts (“ADRs”) issued hereunder, The Bank of New York hereby notifies such Holders as follows: The current ratio of one (1) American Depositary Share representing twenty (20) ordinary shares has changed. The new ratio will be one (1) American Depositary Share representing ten (10) ordinary shares for holders of record on October 2, 2006 and payable on October 3, 2006. To effect such ratio change, holders of record of ADSs as of the close of business on October 2, 2006, will receive one (1) additional ADSs for every one (1) ADS held on the record date and will be payable on October 3, 2006. (Please note that the ADSs you presently hold will not be called in for exchange and will automatically represent the new ratio ). The Ratio change will take effect as of October 3, 2006. Should you require additional clarification, please contact the Bank of New York’s Investor Relations Department at 1-888-BNY-ADRS. The Bank of New York, as Depositary Dated: October 2, 2006
LHG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held