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!!!
Trading on NASDAQ, page-59
-
- There are more pages in this discussion • 248 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)