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DewDiligence

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DewDiligence

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Re: xavierprivas post# 21363

Monday, 03/23/2020 5:22:37 PM

Monday, March 23, 2020 5:22:37 PM

Post# of 30495
Re: RDS-A vs RDS-B

Why RDS-A (+7.0% today) is still trading at a hefty (7%) premium to RDS-B (+4.4% today) remains an enigma. Six days ago (in #msg-154393879) I opined that the discrepancy “must be the result sign of a poorly functioning market for ADSs due to the severe volatility in securities markets generally.”

That’s not much of an explanation, but it’s the best one I have.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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