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Strategies & Market Trends : ADVFN (AFN.L) - Advanced Financial Networks -- Ignore unavailable to you. Want to Upgrade?


To: SI Bob who wrote (134)7/30/2009 11:00:05 AM
From: SI Bob  Read Replies (1) | Respond to of 139
 
Funny that the first time I'd see (I just check it a few times a month usually) what I felt might've been the first occurrence of a marketmaker in the ADRs actually looking at the last LSE trade price, checking currency conversion rates, doing the math, and using that as their price, and I bring it up in one of the few posts I've written lately, and a long-winded post at that (kinda like this sentence...), the bid/ask today go back to CrazyTown.

$3.85 x $4.95.

And I thought the size of the LSE spread (currently, as usual, 0.2p at 2.6p x 2.8p or $4.28 x $4.62 in ADR terms) was ridiculous.