simplesimone...I agree, we may have a panic buying scenario once we list.
If there are 10,000 US investors who want 10,000 shares (or 333 PMBD) and they are bought on the Aussie market at 35c, this represents a total of 100,000,000 PRR shares.
Given there are usually about 20 million or so "apparently" for sale at any given time here...thats 5 times more shares needed than the total amount for sale!
And IMO there will be A LOT MORE than 10,000 US investors willing to part with $3500 each to get in at the start of "the next Dendreons" journey.
This is the most exciting aspect of the listing to me.
Sorry if this doesnt make sense or add up...Im just thinking out loud.
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Last
40.5¢ |
Change
0.040(11.0%) |
Mkt cap ! $588.3M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 40.5¢ | 36.8¢ | $1.822M | 4.681M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19739 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.5¢ | 45420 | 1 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| IMM (ASX) Chart |