NVX 0.73% 69.0¢ novonix limited

It says that the US listing will complement the ASX listing. So...

  1. 136 Posts.
    lightbulb Created with Sketch. 15
    It says that the US listing will complement the ASX listing. So that probably means you get one adr for each 4 shares you own. That should boost the stock. Saying it will consolidate will cause investors to sell off the stock. Noone wants an unknown US share price with only a quarter of your original holding. I doubt the company would do that. Company will probably clarify it soon.
    https://hotcopper.com.au/data/attachments/3960/3960335-76950c69868dd85c1fbaf45d61511e9c.jpg
 
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