Inertia is a powerful force. You would be surprised at how provincial many of my fellow Americans are. Only 40% have a passport and 10% have never traveled outside of the state where they were born. I sincerely doubt if the majority of my countrymen could locate Australia on a map.
That said it is easy to get approval to trade foreign shares if one desires to do so.
I had my wife (maths major) calculate the premium to buy FBR on the US OTC as compared to the ASX. Based on current pricing the premium I would pay to buy in the US is...wait for it... 29%
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Ann: FBR commences trading on U.S. OTCQB Market, page-56
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Last
4.1¢ |
Change
0.002(5.13%) |
Mkt cap ! $196.4M |
Open | High | Low | Value | Volume |
4.0¢ | 4.1¢ | 4.0¢ | $409.0K | 10.18M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 39116 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.1¢ | 1067091 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 39116 | 0.040 |
5 | 406205 | 0.039 |
12 | 1126768 | 0.038 |
8 | 621350 | 0.037 |
8 | 2500435 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.041 | 1067091 | 8 |
0.042 | 852799 | 5 |
0.043 | 595730 | 5 |
0.044 | 253965 | 4 |
0.045 | 841899 | 8 |
Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
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FBR (ASX) Chart |