Sphere 3D Corp (ANY): esad...how is buying ANY with $CAD cheap...

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Re: esad1 post# 17076

Sunday, 02/01/2015 3:39:32 PM

Sunday, February 01, 2015 3:39:32 PM

esad...how is buying ANY with $CAD cheap...they have to buy in $US!... They have to spend $ 1.25CAD to buy $1US of ANY...

...there is no free ride here...perhaps if $CAD would continue to fall thereafter they would have a currency hedge with ANY...but "it an't cheap"

if a Canadian holder of ANY sold...now...they would be picking up 20% (or not losing the 20% they would have lost on holding Canadian cash vs dollar)

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