IMM 4.41% 32.5¢ immutep limited

Guys I am a little confused. The ratio is 30:1 for our US...

  1. 8,103 Posts.
    lightbulb Created with Sketch. 934
    Guys I am a little confused. The ratio is 30:1 for our US fellows, does that mean that in the event we get to $1.00 that people buying on the NASDAQ pay $30.00 or will there be an announcement that the ratio is less, as someone mentioned earlier.

    second part of my confusion. Do the stocks on the NASDAQ come from the pool of current ordinary stocks in Australia, or do they get there own pool of stocks to purchase from. Example:When they purchase 1 x PBMD on the NASDAQ do 30 ordinary stocks get taken out of the mix here in Australia?

    Can someone please help me on these two questions....
 
watchlist Created with Sketch. Add IMM (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.