At the end of the year I bought RIO TINTO LTD at the German...

At the end of the year I bought RIO TINTO LTD at the German Stock Exchange. I think it was the right timing because I made already 22 % profit since 30/12/08.


In hindsight however I bought at the wrong trading place, because Rio Tinto in London has a much better performance.
With ISIN: GB0007188757 I could have got 39,6 %!
Of course there is much more turnover in London and today more than 11 % up, but I don't understand why there is so much difference in the shareprice. At least this is the same company.

Does anyone have an idea why the London listed Rio Tinto is so much better? Has it to do with the currency differences?

If this is going on you should change and trade Rio Tinto at the LSE which seems to get more value.

Here is a chart to show an example:





There seems to be a lot potential ahead for both listed Rio's, but may be it would more healthy to make a break.

Good luck and all the best for your performance.

Regards from a real icy and snowy Germany

jerman