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Hey Guys:
how can one interpret this:
American depositary receipts of BHP Billiton Ltd. (BHP AU), the world's largest mining company, fell 5.2 percent to the equivalent of A$36.98 a share in New York, 92 cents lower than the A$37.90 close in Sydney.
Bloomberg
How Can one calculate an equilavent value of a dual listed stock?
Cheers
how can one interpret this:
American depositary receipts of BHP Billiton Ltd. (BHP AU), the world's largest mining company, fell 5.2 percent to the equivalent of A$36.98 a share in New York, 92 cents lower than the A$37.90 close in Sydney.
Bloomberg
How Can one calculate an equilavent value of a dual listed stock?
Cheers