BLT 0.00% 2.6¢ benitec biopharma limited

new thread $2 hit in usa, page-26

  1. 4,015 Posts.
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    lordvisonz, I posted previously that Benitec has applied for piggyback status to commence in the US on Feb 28.

    http://investorshangout.com/boards/message?id=1239694

    This is not gossip. As I understand it, this will improve the way shares can be traded in the US and will reduce the complexity associated with Pink Sheets. I am not exactly sure how this all works but I believe we are simply upgrading our trading status in the US which will allow more US brokers to trade in Benitec ordinary shares. The ticker BNIKF may still be retained but the way in which ADR/shares are traded through the Bank of New York Mellon will be changed.
 
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