Relief Therapeutics Holding AG (RLFTF)

[theswordman]

So the ADR is a "representation" of the underlying stock. In this case 1 ADR will represent 150 shares of the underlying stock. So the ADR will trade as a reflection of the stock--not the other way around. So unless you believe that the stock will collapse--there will be no collapse in ADR price.

If underlying stock goes up a dime--the ADR should go up 15 dollars.

There will not be a massive disconnect between ADR and share price. If there was the arbitrage people will step in--make a fortune and things will synch again. There will always be some variance due to currency/rates but that should be major factor.