He owns 14.67% of the company. Where his holdings are domiciled is largely irrelevant given he has the ability to be able to shunt from one market to the other in a matter of days.
My guess, and that's all it is, is that him and his mates are buying on the ASX because they cant get any volume on the Nasdaq without pushing the price through the roof.
Easy enough to shunt if you have the right broker, and they do.
Not familiar with tax implications for US domiciled holding ASX shares. Bound to be reason why they would prefer US domiciled.
Again, if was a betting man, I would bet that if FDA approval is received, for anything, the % of ADR's will hit 50%.
MESO Nasdaq update, page-5225
-
- There are more pages in this discussion • 235 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MSB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
99.0¢ |
Change
0.010(1.02%) |
Mkt cap ! $1.130B | |||
| Open | High | Low | Value | Volume |
| 99.5¢ | $1.02 | 98.5¢ | $5.507M | 5.501M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9996 | 99.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 99.5¢ | 18069 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| MSB (ASX) Chart |