Petro Rio S.A. HRTPF

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

[Ogopogo007]

SH keeps getting better...the "New Coke" moment?

I liked the old version..lol..bring it back

SH needs to keep up to new OS and mobile platforms.

Looking at Investorhub, VanW appears to be the moderator.
Unsure what that means? The entire site content? Or keeping the BB Tard free?.

NIce to have links to look at, but how current are they? Ownership link does not include recent Fund Buying nor is the share # correct.

Honest mistake or deliberate? 590,000,000 shares out?

Huh?
Numbers I've seen are much less and just looking at the math on that website, 295M shares out, adding in 50% from NA..Dark Pools, Hedgies etc...440M shares

Why publish 590,000,000 shares out?

Makes one wonder

[powerwalker]

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

[Ogopogo007]

Not the way I do math Say there are 100 Brazil shares. 50 go to Mellon Bank of NY and are converted into 100 GDS, resulting in 50 Brazil shares and 100 GDS shares, total is 50 brazil shares and 100 GDS shares Thus if the 100 GDS were traded back into Brazil shares, would end up with the original 100 shares. Using your math, converting all to GDS shares...will all the Brazil options be in the $$

[acceptmydamnusername]

There are 295 million shares outstanding. Where the number 590,000,000 comes in is if you are trying to calculate the value of shares on the tsx/otc based on market cap. If you decide based on the massive oil find in Murombe that HRT is worth $4 Billion you would divide that by 590,000,000 in order to come up with the target price for the GDS shares. If you wanted to caculate the Bovespa you

[Ogopogo007]

let's split the shares like this. Bovespa can have the value of the dusters tsx GDS get's the value of any commercial hydrocarbon holes Oh wait.....HRT is trading for duster value already in Brazil

[WESTCOASTOIL]

There is only one website that tries to make sense of what is happening without the insults flying and that is www.helioschariot.com - at least the guy/gal takes rational posts from several sites and puts them in one place so punters can try to make some sense of what is going on..