RE:American side is quiet I'm in the US and had to buy my shares as pink sheet OTC for my retirement account. Last summer the SEC amended Rule 15c2-11. The message TD sent about this called it "OTC Security Restrictions". Not sure if the quoted is from SEC or TD.
What a broker at TD said today was the brokerage houses could no longer list a bid-ask. So the US houses stopped allowing clients from buying these stocks. This was a TD decision, his words. The SNVFF pink sheets never have the volume of the TX. This amnedment makes it even more illiquid.
I am allowed to sell the pink sheets I hold, so I asked who am I selling to if the brokerage houses won't let there clients buy these shares. He said if I placed a sell order they send it to a OTC desk. Not sure of the exact details of that.
TD shows a volume of 25,098 and a price of .084 at 3pm est. From watching over the years the pink sheets in the US follow the exchage rate fairly closely but trails a little bit. Even though the volume is the problem, if SNV runs up in price like we all hope I think one shoud be able to sell SNVFF, at least I hope. GTLA