Petro Rio S.A. HRTPF

hrtpy x hrp

[Rzbern]

What the difference hrtpy and hrp?

hrtpy = 0.60 and hrp = 0.75, why?

[robnhood]

First of all neither one trade very much if at all. Second, HRP is in Canadian$ and HRTPY is in US$.  Thirdly, since they trade so seldom, the spread between bid and ask can be as much as 20 or 25 cents.

[robnhood]

I also notice that the HRTP3 volume on the Bovespa has plunged.

[Rzbern]

robnhood, really the volume dropped, but analyze how the market sees the HRT   Polvo: HRT not have 60% of Polvo. In fact, they have 59.99% because the HRT-petrorio have only holds 99.99% of HRT O & G, owner of Polvo.   Namibia: All licenses expired, the company did not comment on this, did impairment. If  not happen a miracle, closed the lid, closed the door.