ADR =" American Deposit receipt" from memory some people buy them as a currency hedge or for arbitrage but Americans buy them to have exposure to an International portfolio. Often 1 ADR will equal 10 shares of the Aussi company makes it a little more credable inthe USA where stocks valued under $1.00 are called penny dreadfulls unlike in Australia where stocks are often listed for an IPO at a low 20 cents.
adrs ok on nyse, page-5
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Last
$28.94 |
Change
-0.250(0.86%) |
Mkt cap ! $87.03B | |||
| Open | High | Low | Value | Volume |
| $29.18 | $29.22 | $28.91 | $281.9M | 9.948M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3714 | $28.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $28.95 | 8254 | 2 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| ANZ (ASX) Chart |