Hi All,Newbie question I hope you can help with.Wanting to buy...

Hi All,

Newbie question I hope you can help with.
Wanting to buy shares in a small cap mining stock but am confused by the fact that they are listed both here on the ASX and in Canada on the TSX.

Shouldn't matter but when I look at the relative prices the Canadian one is 30c CAD versus 30c AUD for the Aussie. Now I'm no genius but 30c CAD is worth about 5% more than the AUD. Also in the time since it listed in Canada it's up 40% versus 20% here in the same period.

Is it a no brainer then to buy the CAD shares over the Aussie? Is there anything I'm missing? What happens if heaven forbid they pull out of the Canadian Exchange, are my shares converted to Aussie? So many questions.

Complicated by the fact that my broker charges an 'extra' 1.5c per share for CAD stocks.

I'm thinking to go with the CAD despite higher costs becuase of the higher value and possibility of also making on the exchange rate.

What do you guys think? Anyone experienced similar situation?

Oh the stock is CRE (CRA in Canada).