Q: I wanted to buy PRL in USD. I did not realize it was on the pink sheet when purchasing. Is there a concern on this exchange and what are the issues with this, if any?
Happy New Year!
Dave
Happy New Year!
Dave
5i Research Answer:
The stock is exactly the same on both exchanges, however on OTC trading volume is very low. There are no real issues as it is a 'real' company (many on OTC are just promotions). But we would use limit orders only. PRL pays its dividend in C$ so if held on the US side brokers will change an f/x conversion fee for the dividend.