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Development of the Millepede concept began in 1994, and the resulting business - Millepede International Limited - was listed on 28 August, 2001 as an Australian Stock Exchange company.
Accordingly, shares in Millepede International Ltd are publicly tradable, and full details of the company listing may be found at the ASX website . Millepede ASX code: MPD
If you would like to acquire a stake in Millepede, please either speak to your current stock broker, or for assistance in this area, you can contact us directly here. We will be pleased to provide you with specific background information about the opportunity, and also put you in touch with a suitable broker, if required.
For US Investors The Bank of New York is the Depositary Bank for Millepede International Limited's sponsored Level 1 American Depository Receipt (ADR) program. This is now effective with receipts trading in the over-the-counter (OTC) market under the code MLLPY.
The ADR program will make Millepede more accessible to US investors and is a vehicle with which to ensure liquidity in the stock for an US investor base. An ADR program also creates the possibility of investment by institutions that are only permitted to buy US based securities. An ADR is created when a broker purchases a company’s shares on the home stock market and delivers those to the depositary’s local custodian bank, which then instructs the depositary bank, The Bank of New York in the case of the Millepede program, to issue Depositary Receipts. Depositary receipts may trade freely, like any other security in the OTC market. Contact any US broker. If you have any questions please contact us. |