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Gold/Mining/Energy : Imperial Metals (IPM.T) -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (1311)7/17/2013 8:41:20 AM
From: Italian Investor  Read Replies (1) | Respond to of 1366
 
You are buying the ordinary if you buy the one ending in F and the ADR if it ends in Y. I would go with the one that ends in Y in this case because the volume is greater you will always get an accurate BID and ask when trying to buy or sell because the volume is greater. I noticed with my broker that the bid and ask is delayed a bit when selling and buying the ordinary so I prefer the ADR. It is the same thing however it gets routed to the main symbol @ the end of the day . Just have to make sure you are getting the correct price when playing with the ordinary if it is not traded frequently. I always look what the main symbol is @ before buying or selling the ordinary you can bypass this by just buying the ADR.