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DewDiligence

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DewDiligence

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Re: biophud post# 63809

Sunday, 06/29/2008 6:14:32 PM

Sunday, June 29, 2008 6:14:32 PM

Post# of 252564
Re: Takeda ADRs

Takeda appears to have two ADRs: one administered by JPMorgan and one administered by Citibank. This may be the reason for the two ticker symbols; in any case, when trading on the pink sheets (where most transactions are still done by a phone order placed through a rep), you need to specify precisely which security you are buying or selling. The best way to assure that you’re getting the one you want is by specifying the CUSIP#.

Note that both ADRs represent half a share of Takeda common stock.

SEC links:
http://sec.gov/Archives/edgar/data/1395064/000114420408016643/v107644_f-6ef.htm (JPMorgan ADR)
http://sec.gov/Archives/edgar/data/1395064/000119380508000903/e603533_f6ef-takeda.txt (Citibank ADR)

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

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