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Gold/Mining/Energy : The Oil & Gas Elephant Hunt -- Ignore unavailable to you. Want to Upgrade?


To: Brinks who wrote (263)5/30/2007 3:09:01 PM
From: lazarre  Read Replies (1) | Respond to of 310
 
Hi Brinks ( and/or anyone else around smarter than me )

Well I took a modest position---I think---in Marion.

I trade thru Scottrade that does not deal in Australian listed issues at all. So I went to Etrade where I have my IRA account and the only way I could take a position in Marion was thru---and I hope it was

finance.yahoo.com

the Pink Sheet version of Marion; the broker said it was one in the same but it seems the last time prior to my buy, the last time Marion was traded was on 5/10/07 ( and my doubt, here, springs forth from the fact that the Australian issue is trading 1/2 million shares a day )....he told me the bid was .74 and ask was .76...so I went in for the ask and got filled. My question is this: do you think I got the american version of Marion ( like in an ADR? ) and is the Australian dollar weaker than the American dollar, hence the .91+pps when I bring up the Australian version?

a very confused lazarre who, for the first time, is not sure what the hell he bought? kind of lol.



To: Brinks who wrote (263)6/19/2008 12:55:27 AM
From: Brinks  Respond to of 310
 
Marion Energy MAE.ASX hired Goldman Sachs.

asx.com.au