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4.1¢ incannex healthcare limited

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Zacsydney

3,356 Posts.

705

13/01/22

23:21

Post #: 58850421
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Originally posted by Wasabi193: ↑

It is showing the listing for NASDAQ at US$9.38 but there are a lot less shares (just 2.6 million) than we have listed in Australia. Be amazing to have that SP in Australia!

https://www.iposcoop.com/ipo/incannex-healthcare-limited/
(On Dec. 3, 2021, the last reported sale price of our ordinary shares on the Australian Securities Exchange was A$0.53 per ordinary share, equivalent to a price of US$9.38 per ADS, after giving effect to the Australian dollar/U.S. dollar exchange rate of A$1.00 to US$0.7076 (as published by the Reserve Bank of Australia as of Dec. 3, 2021), and an ADS-to-ordinary share ratio of 1 to 25. For the purposes of this preliminary prospectus, the estimated initial public offering price is US$9.38 per ADS.)

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Nothing stopping American investors buying IHL on the ASX I guess = light bulb

IHL Price at posting: 65.5¢ Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

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