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Gold/Mining/Energy : AU (N) -Finally Listed on NYSE
AU 99.03+0.5%Jan 16 9:30 AM EST
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To: CLK who wrote (23)8/10/1998 9:40:00 PM
From: H.W.Melle  Read Replies (1) of 71
 
CLK

I do not think it is 2 shares for 1 ADR. My brokerage account still shows that it is a 1 for 1. In other words I had 800 shares of ANGDY and now still have the 800 in AU. The dividend is $1.28 US. I think I can wait out the coming bull in Gold with a return of ~7% /annum. When this was Vaal Reefs I looked at the S&P Tearsheet on it and the dividend was steady over the past 7 years. This is now the largest gold co in the world. Sounds like a no brainer to me. All IMHO.

Horst (GoldDredger)
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