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Bullboard - Stock Discussion Forum Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s):  RECAF | V.RECO.WT | RCNWF

Energy Metals & Mining Oil & Gas E&P Industrial Metals & Minerals
Reconnaissance Energy Africa Ltd. is a Canada-based oil and gas company. The Company is engaged in the exploration of the Damara Fold Belt and Kavango Rift Basin in the Kalahari Desert of northeastern Namibia and northwestern Botswana. The Company holds interest in a petroleum exploration license no. 0073 (PEL 73) in northeast Namibia and an interest in petroleum exploration rights in northwest... see more

TSXV:RECO - Post Discussion

Reconnaissance Energy (Africa) Ltd > CAD pricing?
View:
Post by Bull4L on Jul 01, 2021 11:24am

CAD pricing?

This is probably a dumb question and I apologize for that, but is RECO.V missing out on today's RECAF gains due to Canadian markets being closed? They have been very correlated and traded extremely close in terms of share price..cad-usd conversion.
Comment by Timberdoodle on Jul 01, 2021 12:04pm
Yup I went to my transaction site & look for RECAF (pink sheets) for US then made conversion accordingly US to CAD.
Comment by Buyhigheatchips on Jul 01, 2021 12:16pm
"Note that the stock price of a dual-listed company should be approximately the same in both jurisdictions, after taking currency differences and transaction costs into account. Otherwise, arbitrageurs would step in and exploit the price differences. That said, price divergences do occur from time to time, especially when trading hours do not overlap and there has been a significant ...more  
Reconnaissance Energy (Africa) Ltd
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