Q: When I look at the FLTR shares in Dublin, they are trading at 97.24 euro, which implies a value for TSGI of 97.24 X .2253 X 1.44 = $31.55, however, when I look at the FLTR shares in London, they are trading at 8,478 GBX which implies a value of TSGI of 84.78 X .2253 X 1.76 = $33.62. Is my math correct and if so, why the discrepancy? TSGI is currently trading at $31.04 on the TSX. Why such a difference between the Dublin and London valuations?
Further to the question I just asked about TSGI, I called TD Waterhouse and I thought your members might be interested to know:
1) I could hold FLTR in my TFSA or RRSP accounts as well as my non-registered account as its listed on a major exhange (LSE)
2) if I traded it on the LSE, each trade would cost $125 US for trades of $5,000 - $20,000, $150 for trades of $20,000 - $30,000 ETC.
3) since it sells on the US OTC Pink, under ticker PDYPY, I could do the trade online for $9.99........however they cautioned that if I choose that route I should always use a limit order (makes sense). I just checked and it is trading on the US OTC Pink exchange under ticker PDYPY at $53.82.........which I believe implies a value of 53.82 X 1.33 xchange X .2253 conversion = $16.13.........it should be $30+....what am I missing?
Further to the question I just asked about TSGI, I called TD Waterhouse and I thought your members might be interested to know:
1) I could hold FLTR in my TFSA or RRSP accounts as well as my non-registered account as its listed on a major exhange (LSE)
2) if I traded it on the LSE, each trade would cost $125 US for trades of $5,000 - $20,000, $150 for trades of $20,000 - $30,000 ETC.
3) since it sells on the US OTC Pink, under ticker PDYPY, I could do the trade online for $9.99........however they cautioned that if I choose that route I should always use a limit order (makes sense). I just checked and it is trading on the US OTC Pink exchange under ticker PDYPY at $53.82.........which I believe implies a value of 53.82 X 1.33 xchange X .2253 conversion = $16.13.........it should be $30+....what am I missing?