gg1,
shares trade separately on each exchange.
We trade on the ASX ( code : PRR )
They ( The Seppos ) buy on the NASDAQ ( code : PBMD )
The market maker wiil buy off the ASX to supply shares for the Nadaq if they are required.
The preceived dilution / amount of shares available to each market will be less om offer and hence should assist in shrea price incresaes if they are in demad - and I'm sure Prima will.
The number of shares will stay the same as it is now, at least for the time being ... as it has been stated that no new captital is required to finance the upcoming trials. The current shares wil therefore be spread over 2 separate markets.
from my understanding the 30 : 1 Ratio ( PRR: PBMD ) shares is a given.
if we get to to 27 c they should list at USD $8.10
if they get to $0.30 they should list at $ 9
The markets will then trade and tend to mirror eachother over time.
if there is a 10 % rise in Prima on the US , the next day should see a similar rise on the ASX.
..... an enjoyable PRR pastime will be following the Nasdaq ticker overnight....
need to set up a night watch crew of posters !
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gg1,shares trade separately on each exchange.We trade on the ASX...
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Last
35.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $515.6M |
Open | High | Low | Value | Volume |
35.0¢ | 36.0¢ | 34.5¢ | $670.1K | 1.893M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 44785 | 35.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
35.5¢ | 22453 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 44785 | 0.350 |
4 | 38370 | 0.345 |
4 | 50195 | 0.340 |
2 | 38254 | 0.335 |
2 | 80000 | 0.330 |
Price($) | Vol. | No. |
---|---|---|
0.355 | 2653 | 1 |
0.360 | 139050 | 5 |
0.365 | 107554 | 5 |
0.370 | 140060 | 4 |
0.375 | 127910 | 5 |
Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
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IMM (ASX) Chart |