Feels like someone is just controlling the run to suck as much out of the ASX as possible to take make multi bags by converting them to ADRS. I am personally still interested to know where these initial shares on the NAS are coming from. At a 6-10 time multiples by just converting IHL to IXHLs, if i was a large brokerage firm i know i wouldn't say no to free money.
Just how many more weak hands will sell is the questions and give away their bags is now unfolding before our eyes. by the time they wake up to it and start holding $3 per share for IHL please.
