RE:RE:American ADRs
Biostocks01 wrote:
so the real question is...is there a correlation between the price of an ADR and the price of a share?
for example:
Will 10% NASDAQ Growth will Be Reflected on the TSX?
I am always skeptical...
Bio
Absolutely there is, else an arbritage trade process would very quickly resolve the issue. (Buying the share on the exchange where is valued less, and selling it on the exchange where it is priced higher)