yes this hasn’t moved fully to nasdaq yet. The move is complete on 7 December.
The reason for jump is consolidation is hsppening when they move on 7 Dec - so price of ADRs is catching up to listing price which will be around 5-6$.
This company is a good example of one that dual listed on nasdaq and Asx - about 18months ago using ADRs. However the ASX still governed the price of the US listing and there want enough liquidity in us market.
So now they are delisting from Asx and listing primary on nasdaq.
I fear if Imu go for dual listing - it won’t do much to open up to the US - hope IMu management know about this example and learn from them
Media Thread, page-11081
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Last
5.8¢ |
Change
0.001(1.75%) |
Mkt cap ! $424.5M | |||
| Open | High | Low | Value | Volume |
| 5.8¢ | 6.2¢ | 5.8¢ | $1.143M | 19.26M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 2125808 | 5.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.9¢ | 103000 | 1 |
View Market Depth
| Last trade - 16.10pm 13/06/2024 (20 minute delay) ? |
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Last
5.8¢ |
Change
0.001 ( 1.75 %) |
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| Open | High | Low | Volume | ||
| 5.8¢ | 6.2¢ | 5.8¢ | 6209843 | ||
| Last updated 15.59pm 13/06/2024 ? | |||||
| IMU (ASX) Chart |