Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Petro Rio S.A. HRTPF

"Petro Rio SA is engaged in exploration and production of oil and gas in Brazil and abroad. The Company is currently engaged in the hydrocarbon production in Polvo field."


GREY:HRTPF - Post by User

Comment by powerwalkeron Jul 11, 2013 7:12pm
162 Views
Post# 21603002

RE:Lot's of other websites out there..which one is best?

RE:Lot's of other websites out there..which one is best?Ogo, it is a matter of translating into a US$ and C$ SP going forward once an event occurs. 

Since a NA share is equal to .5 of one Brazilian share, you need to multiple the Brazilian shares outstanding by two (2), which today is 590 million (600 million when options are included), use that as the denominator under the numerator's market value, i.e., once you figure out what the market value will be.

Unfortunately, the NA structure does cause a lot of confusion when calculating future prices ... which namib__braz, the scourage of Yahoo! Finance MB for HRT, hasn't figued out, yet.


<< Previous
Bullboard Posts
Next >>