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To: LTBH who wrote (53505)2/26/2014 7:23:00 PM
From: Elroy  Respond to of 78751
 
SIMO charges an ADR fee, and always has. Is this a new fee?

Is it normal for an ADR to charge both an ADR fee AND a fee with each dividend? SIMO didn't charge a dividend fee last year.

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And on a different note, I don't see what's so hard about ADRs that they necessitate the normal ADR fees. SIMO's is 2 cents per year. With 33 million shares outstanding that's $6.6 million in fees, just to list an ADR? What's so complicated about an ADR that it needs that charge while normal stocks get no such charge?