GREY:HRTPF - Post by User
Post by
Rzbernon Jun 25, 2015 7:45am
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Post# 23866791
GDS (hrp and hrtpy) x HRTP3
GDS (hrp and hrtpy) x HRTP3 HRP: 0.75
C $: Canadian dollar (C $ 1 = R $ 2.50)
HRTP3 = 2 x HRP x C $
HRTP3 = 2 x 0.75 x 2.50
HRTP3 = 3.75
HRTPY: 0.60
US $: US dollar (US $ 1 = R $ 3.10)
HRTP3 = 2 x HRTPY x US $
HRTP3 = 2 x 0.60 x 3.10
HRTP3 = 3.72
Conclusion: both HRTPY as HRP are equivalent and who moves different is the HRTP3. If respected equivalence with the GDS, the HRTP3 was quoted between 3.72 and 3.75. Ie about 15% below the current share price of 4.33 on Bovespa.