Petro Rio S.A. HRTPF

GDS (hrp and hrtpy) x HRTP3

[Rzbern]

HRP: 0.75

C $: Canadian dollar (C $ 1 = R $ 2.50)

 

HRTP3 = 2 x HRP x C $ 

HRTP3 = 2 x 0.75 x 2.50

HRTP3 = 3.75

 

HRTPY: 0.60

US $: US dollar (US $ 1 = R $ 3.10)

 

HRTP3 = 2 x HRTPY x US $ 

HRTP3 = 2 x 0.60 x 3.10

HRTP3 = 3.72

 

Conclusion: both HRTPY as HRP are equivalent and who moves different is the HRTP3. If respected equivalence with the GDS, the HRTP3 was quoted between 3.72 and 3.75. Ie about 15% below the current share price of 4.33 on Bovespa.

[robnhood]

Right--- nobody is interested in this stock in North America causing a distinct lack of buyers. If someone wants out they must accept a deep discounted price for their shares. It's been that way for some time now.,