Australian (ASX) Stock Market Forum

BNO - Bionomics Limited

... enjoy it while it lasts, miner.

View attachment 159155

Not entirely sure the Ashes saga is an equivalent. But, we won't boo you if your tip holds. At least I won't.
Thanks @Dona Ferentes .
Subsequently my 15 minutes fame has returned to reality by market :) and I am feeling better now.

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Hello BNO followers.
Any clue of the TH today? did not get clear details on ASX announcement.
So if the TH does not get removed until 31 July hypothetically, would that mean the closing price of tip will be as it was last Friday?
@debtfree @Joe Blow
 
Hello BNO followers.
Any clue of the TH today? did not get clear details on ASX announcement.
So if the TH does not get removed until 31 July hypothetically, would that mean the closing price of tip will be as it was Friday
There was a p2, where it is spelled put

Requests an immediate halt to the trading of the Company’s securities quoted on the ASX in accordance with the ASX Listing Rule 17.1. ...the Company provides the following information in relation to the request:
1. The trading halt is requested pending an announcement by Bionomics in relation to an application to be removed from the Official List of the ASX.
2. The Company requests that the trading halt remains in place until the earlier of commencement of normal trading on 25 July 2023, or when it makes the Announcement.
3. The Company expects to make the Announcement to ASX before the commencement of normal trading on 25 July 2023.
4. The Company is not aware of any reason why the trading halt should not be granted or of any further information necessary to inform the market about the trading halt
.

(NH)
 
BNO moving to the NASDAQ:

From BNO communication to shareholders.
Reads in part:

1 Why is Bionomics delisting from the ASX?

1.1 Shift to Nasdaq
Since its US IPO and listing on Nasdaq in December 2021 to 18 July 2023, the average daily
trading volume of the Company’s American Depositary Shares (ADS) traded on Nasdaq was
26,595 (equivalent to 4,787,100 Shares based on a ratio of 180 Shares to 1 ADS) compared
to an average daily trading volume of 220,528 Shares per day on ASX. The lower level of
liquidity on ASX means there are reduced trading opportunities for Shareholders who wish to
exit their holdings. Accordingly, the Company wishes to move to having Nasdaq as its sole
listing.
 
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