What part do you think US/Oz exchange rates would play in the event of an IMU NASDAQ listing?
AFAIK after the NASDAQ-required consolidation - which does not affect shareholder value - and from day 1 of a dual-listing (or transfer from ASX to NASDAQ) IMU shares will be worth the same whether bought/held/sold by a US or Oz investor.
Naturally, if an investor trades on their non-native market then an exchange rate cost is incurred, but apart from that, what difference do you see?
What part do you think US/Oz exchange rates would play in the...
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5.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $394.1M | |||
| Open | High | Low | Value | Volume |
| 5.4¢ | 5.5¢ | 5.3¢ | $817.0K | 15.17M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 4719788 | 5.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.4¢ | 453183 | 5 |
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| Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
| IMU (ASX) Chart |