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20.0¢ osprey medical inc

OSP chart, page-335

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Ben201

1,200 Posts.

57

12/02/21

09:33

Post #: 50920738
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Originally posted by ashic1: ↑

As an example look at resmed, one of its listings is on the New York Stock Exchange of which it trades in common stock, currently it is trading at about US$204. It can’t trade common stock on the ASX so it has listed CDI’s at a ratio of 10 CDI’s to 1 common stock. Due to this on the ASX it is currently trading about 10% of that, it is trading on the New York Stock exchange at about AU$25 dollars.
On the ASX people are trading CDI’s not common Stock of RESMED

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For me the options doesn't worth now. We paid 1.2c to get a share which now worth 2.1c.
Again pay 1.4 cent and dilute my own share by half .
After exercising option have two shares which worth same value as before and also 1.4 c out of packet .
This is of course my idea.

OSP Price at posting: 2.1¢ Sentiment: Hold Disclosure: Held
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