FBR 0.00% 4.8¢ fbr ltd

Ann: Trading Halt, page-26

  1. 5,974 Posts.
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    Of interest is also ADR that I found. Should, FBR becomes more renowned in the future, its possible an american financial institution might go this route.

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

    Benefits

    ADR holders do not have to transact in foreign currencies, because ADRs trade in U.S. dollars and clear through U.S. settlement systems. The U.S. banks require that the foreign companies provide them with detailed financial information, making it easier for investors to assess the company's financial health compared to a foreign company that only transacts on international exchanges.



    Read more: American Depositary Receipt (ADR) https://www.investopedia.com/terms/a/adr.asp#ixzz5Wgba3koP 
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