KZA 0.00% 44.0¢ kazia therapeutics limited

confused

  1. 141 Posts.
    I understand that 1 NVGN ADR in America equates to 5 NRT shares. Why are the ADR's valued at $14.50? Doesn't that valuation mean the aussie shares are worth $2.90 (current valuation around $4.30). I expect there is a logical explanation. Help in this area would be greatly appreciated.
 
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