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4.1¢ incannex healthcare limited

to transfer to us market is more liquidity

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jamesozer

9 Posts.

31/01/24

23:36

Post #: 72173463
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Originally posted by Mala66: ↑

If the ADRs have been converted to the 4:1 ratio all those figures need to be divided by 4.(the equivalent of 100 "old" shares). That makes a bit more sense.So, closing price of US$7.99 is for 4 x ADR = 100 new ordinary shares. Thats US$2 for 100 . Which is about AU3cents per "old share". So the price actually went down!!!

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to transfer to us market is more liquidity

IHL Price at posting: 4.1¢ Sentiment: None Disclosure: Not Held
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