Hmmmm, so if 100,000,000 were to be allotted on the NASDAQ, that would mean 300,000,000 less shares on the asx. That would leave approximately 487,000,000 shares and 100,000,000 options. If this is correct the register gets tighter, the competion for shares increase, thus the sp increases.
How many shares are allotted for NASDAQ?
If the above is correct, I think I best get me some more.
Perhaps the delay with listing is because the market makers have to buy so many, also would it have to be announced that the said are substantial holders during this time?
just thinking out loud. Please correct me if I'm way off.
Hmmmm, so if 100,000,000 were to be allotted on the NASDAQ, that...
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Last
32.0¢ |
Change
0.020(6.67%) |
Mkt cap ! $464.8M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 32.3¢ | 30.0¢ | $1.040M | 3.328M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 42705 | 2 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| IMM (ASX) Chart |