ADR will be 4 times the price of ASX share as it represents 4 ASX shares, ie: you are buying 4 NVX ASX shares.
So assuming NVX: ASX is $10AUD, you would pay $40AUD for a single ADR on NASDAQ.
Given NASDAQ is a US market you would make the payment in USD (but still equal to $40 AUD) which would currently be $28.8 USD ($40 AUD X 0.72).
ADR will be 4 times the price of ASX share as it represents 4...
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71.0¢ |
Change
0.080(12.7%) |
Mkt cap ! $350.5M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 4 | 23624 | 70.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 71.0¢ | 44254 | 2 |
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