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this warped thinking by some that Yanks won't buy ADRs at US$30...

  1. 2,793 Posts.


    this warped thinking by some that Yanks won't buy ADRs at US$30 bucks is ridiculous - they get 30 underlying shares

    and when peeps around here fairly throw-up back of the envelope figs showing potential for the Oz sp to climb to $5-8 on the basis of the successful completion of all CVac trials alone, while not factoring in any other cancer treatments we have been alluding that we will be focussing and trialling, then US$30 for an ADR starts sounding pretty cheap to me

    which is all to say - the NASDAQ listing could be really surprising for some here if US investors have been properly pumped with info before the ON button is pressed


    good luck


 
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