ADVFN Plc (AFN)

[Bob Zumbrunnen]

Well, progress seems to have stalled and it's not making a lot of sense to me.

It's quoted at $2.75x$3.00 in the US, but it's quoted at the equivalent of $3.03x$3.33 in London with $3.33 as the last, and trades happening at $3.18.

The first trade was a $2.50 sale to me, and I think all but one trade has been between me and 2 marketmakers. Still trying to decide whether to get all I can at the discount for as long as it's available from marketmakers asleep at the wheel, or transfer the bought shares to my full-service broker and if that would force conversion.

When there's only one marketmaker actively quoting it, I'd hate to chase them away by making them take a bath on conversion. Or if it doesn't chase them away, them quoting prices in line with London wouldn't get activity if the discounted prices aren't.