So from all of the filing's i've read. It seems to me that the Offering NBG has been doing is only pertaining to Athens exchange.
So Athens seems like it will be diluted by a debt conversion as well as by a Public offering of more shares. NBG has stated many times that these offerings were not available to the US securities.
So I'm wondering how this will continue to trade if the share ratios are not 1 ADR to 1 Athens.
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