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Listings on various stock exchanges

Joined
16 March 2012
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Hi there,

If a company is listed on a stock exchange in its home country at a price of say 1.50 Euro but is listed on NYSE at a price of $20. How does this work?

The price varies a lot, so as an investor why would I go to the NYSE price when I can have it for 1.50 Euro?

Thanks
 
The shares can be the same in all respects. If I remember correctly, BHP is dual listed in Oz and the UK, and the shares are exactly the same - but the prices can be significantly different: a few points apart, which is a difference worth having.

I can't remember what the story is with dividends though. Surely franking (or the lack of it) would be a big complication?
 
I'm still confused.

I am looking at Mongolian Mining Corp

There are 2 ticker symbols

0975.HK and MOGLF

So which one do I buy? :S
 
I'm still confused.

I am looking at Mongolian Mining Corp

There are 2 ticker symbols

0975.HK and MOGLF

So which one do I buy? :S

To avoid a really stupid mistake, I would buy all my stocks on one board.
If that be NYSE, so be it.
I would learn the tax laws and stuff relevant to that board.

Warren Buffet does not invest in Japan.
 
I still dont undestand. On their website it says ticker is 0975.hk whilst on an analysts article it says MOGLF
 
I still dont undestand. On their website it says ticker is 0975.hk whilst on an analysts article it says MOGLF

MOGLF=MONGOLIAN MINING COR (OTC Markets)

0975.hk=Mongolian Mining Corporation (0975.HK) -HKSE
 

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I still don't understand.

Why would I buy the price thats more expensive than the other
 
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