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Re: ErnieBilco post# 840

Thursday, 05/28/2020 11:18:13 PM

Thursday, May 28, 2020 11:18:13 PM

Post# of 4788
This is where foreign stocks get real confusing to me.

Per the AU exchange website, the 52 week high is .003.

https://www.asx.com.au/asx/share-price-research/company/TPD/statistics/shares

You can see at OTCM the 52 weeks range is .0001 - $1.00

https://www.otcmarkets.com/stock/TPDDF/quote

$1 dollar = $1.51 au dollar but that does not nearly account for the discrepancy

I spoke to OTCM a few weeks ago and they said there is a connection between OTC and the foreign exchange upon which a stock trades.

There are not two sets of share structures but one set.

Did a share of TPD/TPDDF trade for .002 US dollar (converted) or $1.00 US dollar?

Furthermore, the spread in TPD is .001 x .002 at current.

Why isn’t the quote at OTCM equivalent?

.0007 x .0013

GodBless-NoDoubt
creede

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