although not definiative ... we would approximate that BNYM will be looking to buy approx . 60 million shares to get PBMD off the mark for the Nasdaq float ...
ADRs in on the Nasdaq are generally traded at 6 % of the total market register of the home ( ASX ) register .....
the maths - PRR has 986,000,000 shares on the ASX register ...
6 % of this equates to approx 55 - 60 million ASX shares required to list
If demand is great .. the either more shares are purchased off the ASX to fill the required interest ... or the share price is ' squeezed ' upwards ..
.. all sounds very promising to me .....
.. ride strong through the pullbacks ... as this will be a steady climb ....
good luck to all ye faithfull
your money your call, page-4
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Last
35.0¢ |
Change
-0.005(1.41%) |
Mkt cap ! $508.4M | |||
| Open | High | Low | Value | Volume |
| 35.5¢ | 37.0¢ | 35.0¢ | $906.4K | 2.522M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 71513 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 113290 | 6 |
View Market Depth
| Last trade - 16.10pm 20/08/2024 (20 minute delay) ? |
| IMM (ASX) Chart |