ADY
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0.00% 1.2¢ admiralty resources nl.

aryry

  1. nightspore
    1,856 Posts.
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    25/07/07
    14:28
    Post #: 2652804
    Admiralty ADRs traded in the US last night for $20. Given that 1 ADR corresponds to 40 of our shares, that means the trade corresponds to 50 US cents. Assuming an exchange rate of $1 Australian = 0.88c US, that means the price per ADR was around 56.8c Australian (a slight premium to our closing price, but hardly the ripoff that GSW was implying inevitably accompanies ADR transactions).
    ADY Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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