MAE 0.00% 0.0¢ marion energy limited

hmmmm - maejf up 63% in early us trading , page-19

  1. 1 Posts.
    here is a helpful link concerning buying an ASX listed company in the US:

    http://www.marketwatch.com/News/Story/Story.aspx?guid=%7B4A267BE2-AAD3-43CA-95F6-089F34CF7090%7D&siteid=google

    on page 2 of this link it says that pink sheet symbols that end in 'f' are not sponsered by the parent company but rather are created by brokers who must go to the company's home exchange to buy the stock.

    so, to me it seems owners maejf do own the company and the prices paid for maejf will roughly mirror mae - as the US brokers are going to the asx to make the trades

    cheers
 
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