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Woulfe Mining Corp WFEMF

Woulfe Mining Corp is a mineral exploration company. It is engaged in the acquisition, exploration and development of mineral properties.


GREY:WFEMF - Post by User

Comment by GaiusGermanicuson Jul 09, 2015 7:49pm
104 Views
Post# 23909611

RE:RE:RE:RE:RE:C.WOF-WFEMF vs V.ALL-ALMTF share price

RE:RE:RE:RE:RE:C.WOF-WFEMF vs V.ALL-ALMTF share priceWFEMF is an ADR whose price is based on a 1:1 basis with WOF, so the conversion for WFEMF to ALMMTF will be identical to the conversion from C.WOF to V.ALL.  The relative prices those issues trade at are reset on days when they would otherwise open too far apart, and the issuer of the ADR arbitrages the issues so they stay VERY close.

So yes, though there are sometimes advantages of buying one symbol or the other as far as representation of % of ownership, but they're usually fairly small.  Note also WFEMF is denominated in $US while the C.WOF shares are denominated in $CDN, so you must also consider exchange rates.

I'm fairly sure they'll get the math right.  Unlike WOF at least Almonty has some US interest.


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