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Re: scottsmith post# 491

Wednesday, 12/21/2016 9:03:56 AM

Wednesday, December 21, 2016 9:03:56 AM

Post# of 1317
IVPAF is the American listing, but, the price of IVPAF is determined by what happens with IVN.TO (Ivanhoe's main listing).

Yesterday, IVPAF closed at 1.91. This morning it is valued at 1.845 before trading opens. IVN.TO always has trades at the close(16:00:00). IVPAF's last trade yesterday was at 15:48:10. The 1.91 close didn't reflect the end of day drop in IVN.TO.

When IVN.TO spikes at the end of a day, while IVPAF doesn't trade, then IVPAF's price is adjusted upwards before the next trading day.

Even when IVPAF has no trades coming through, it's bid/ask is changing to reflect the changes of the bid/ask for IVN.TO.

IVN.TO and IVPAF are shares in the same company. At the end of the day their prices have to match.