GREY:QSLRF - Post by User
Comment by
rG0815on Jan 07, 2015 12:13pm
95 Views
Post# 23294361
RE:RE:RE:Anonymous
RE:RE:RE:AnonymousIt's exactly the other way around - People in Germany are buying shares slightly above CAD s/p. Unless these shares come from a retail shareholder in Germany, the local exchange has to purchase the shares directly in Canada.
For example today somebody bought 175.000 share in a single transaction at 0.149 EUR in Frankfurt. Just 1 minute later CIBC bought the 150.000 + 25.000 shares at 0.20 CAD. Since 0.149 EUR = 0.20925 CAD it makes sense. But in the end it does not matter who buys up Anon shares. The sooner he runs out of shares the better...