I have been following this stock for two and half years. I have spoken to the company a couple times, recently in regards to this stock listing on the Nasdaq. Like all of the investors I believed they would list in Late December. When I spoke to the Company Secretary end of February about the Nasdaq he said to me that he still need to clarify some issues in regards the listing. I can tell you that they are looking list a $3.00 US. The US will get approximately the number difference in Australia. If the Australia price is 15cents than they get 20 shares for the price.
That is why I believe the company sell more shares when they get to about $24.00 to lower the share price to entice the US investors.
prr : a 30 - 35 bagger ... a timely reminder, page-15
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Last
39.0¢ |
Change
-0.010(2.50%) |
Mkt cap ! $566.5M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 39.5¢ | 38.5¢ | $997.5K | 2.559M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 85852 | 38.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.0¢ | 75389 | 4 |
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| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| IMM (ASX) Chart |