Has this been discussed on HC? Have noticed an ADR Depositary listing on the Far Website, so just doing some reading into it. I can understand us having a bank account in US, but why an ADR? I'm sure someone financially savvy can explain this further?
http://www.far.com.au/about-far/corporate-directory/
ADR Depositary
BNY Mellon
101 Barclay Street
New York, New York, 10286
United States of America
http://www.investopedia.com/video/play/how-do-adrs-work/
http://www.adrbnymellon.com/dr_edu_basics_and_benefits.jsp
...
A flexible mechanism for raising capital and a vehicle or currency for mergers and acquisitions
Has this been discussed on HC? Have noticed an ADR Depositary...
-
- There are more pages in this discussion • 46 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
49.0¢ |
Change
0.005(1.03%) |
Mkt cap ! $45.28M | |||
| Open | High | Low | Value | Volume |
| 48.0¢ | 50.0¢ | 48.0¢ | $13.87K | 28.54K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24580 | 48.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 16934 | 2 |
View Market Depth
| Last trade - 15.46pm 26/06/2024 (20 minute delay) ? |
| FAR (ASX) Chart |