There are more ADRs outstanding than total number of NBGGY shares traded since the announcement of discontinuation of the NBGGY ADR last November so the selling the remaining un-surrendered shares is likely to depress the price based on the increase to the supply side of the equation. IMO it's a huge buying opportunity to pick up ETE on the Athex exchange at some point in the near future... could be tomorrow
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.