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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Winegrower who wrote (79465)12/16/1999 11:24:00 PM
From: AUrush  Respond to of 90042
 
John. whether or not the ADR trades with much volume has no bearing on the price - the ADR simply tracks the price on the FTSE (Volume today over 30 million) and tallies at days end with the foreign exchamge rate...the ADR does not trade on its own apart from the underlying security (MNI in this case)on the london exchange....