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RenewablesKid2

213 Posts.

101

07/07/20

09:30

Post #: 45686263
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Originally posted by DaisyA: ↑

Do nothing. Allow for the ASX CDIs to re-rate with the LSE which they should do very quickly. If you want to sell then put in your sell order "until cancelled" and they will be bought over night by LSE traders and converted to ordinary shares after a few days but why would you want to sell now as @ChinaSyndrome says. In simple terms after the flush though you can trade in the CDIs on the ASX or Frankfurt SE or in the shares converted from CDIs on the LSE. Eventually there will be few CDIs left but their value is the same as the LSE listed shares as they can be converted on the contract terms of the CDIs.

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So if sellers don't remove their sell offers anywhere between 30-52c... they will be selling well under market today??

PM8 Price at posting: 31.0¢ Sentiment: Buy Disclosure: Held
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