Post by
Can4real on Jan 17, 2020 12:39pm
USD VS CAD stock price
There seems to be a an FX issue between the US and CAN price of this stock. It's trading on the US pink sheets at about 2.5 cents USD vs. 2.5 cents CAD (CSE). This means we should either be trading on the CSE at 3.25 cents, or the US price should be lower...
Anyone know how to tranfer CAD shares to the US market? LOL
Comment by
Seecan on Jan 17, 2020 12:51pm
Are you looking at the OTC market quote perhaps BLEVF?
Comment by
Can4real on Jan 17, 2020 12:54pm
Yes, do you understand why the difference in price isn't only the FX? I would think the difference should only be about 1.3USD/CAD. But the math doesn't work
Comment by
Seecan on Jan 17, 2020 1:06pm
I'm not certain but I would think its because the stock is only traded in the USD on the OTC grey market. A good point for some research on the OTC grey market or (gray) market. The price in that market gets stimulated by the price discrepancies.