MSB 10.4% $1.49 mesoblast limited

Bought, not borrowed. JP Morgan is the "custodian" for all the...

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  1. 5,889 Posts.
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    Bought, not borrowed. JP Morgan is the "custodian" for all the ADRs. They hold the underlying shares in MSB and sell the ADRs which represent 10 MSB shares each. This is the only way to obtain MSB shares through NASDAQ.

    https://www.investopedia.com/terms/a/adr.asp


 
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