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Nasdaq to ASX conversion for PBMD/PRR

  1. 58 Posts.
    Hi - from memory the conversion b/w nasdaq and asx for PRR is 30.

    Can someone sanity check this for me please and, if my maths is right, perhaps explain why the ASX is sitting so low?

    $2.59 USD (price at last close of Nasdaq)
    X $1.34 (latest forex rate on google)
    / 30
    = $0.116 (rounded up)

    SP on ASX just $0.036AUD
 
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