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4.1¢ incannex healthcare limited

You are confusing yourself now. for example of you had 100,000...

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cobadiga

154 Posts.

45

01/12/23

09:26

Post #: 71210884
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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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You are confusing yourself now.

for example of you had 100,000 IHL shares you now have 1000 IXHL shares valued at $8 US or $12 AUD. To get your original IHL price divide $12 by 100 = 12c

IHL Price at posting: 4.1¢ Sentiment: Buy Disclosure: Held
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