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TradingCharts

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TradingCharts

Re: 1hot toddy post# 215

Monday, 08/01/2022 9:50:08 PM

Monday, August 01, 2022 9:50:08 PM

Post# of 348
ioneer just moved to the Nazdaq that ticker is ionr it is an ADR stock. Which your brooker can charge 2 to 5 cent a year.

Gsccf is the OTC it did a 1 for 40 share conversion. If you owned it is your choice to move or not the directions are on the website.

It is how forign stocks move up from OTC to Nazdaq. Each one has it's own conversion rate. Some would call it a Reverse split. The conversion is done to lower cost per share of the ADR fees which could be 2 to 5 cent per share depending on your brooker..

I kept my GSCCF ticker It cost me a $15 foreign fee.

You have to decide which works best for you.

Link here from company.
https://ioneer.com/investors/adr-program-faqs/

If THEIR IS ONE THING I AM SURE ABOUT IS I AM USUALLY WRONG

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