ATF:DE closed at $3.20 Euro on the German exchange and then out of nowhere, the stock began trading in the U.S. yesterday under the ticker AFRMF, where it closed at $4.70, which is equivalent to $3.45 Euro (+8% over the closing price) and with the unsponsored ADR trading on the grey sheets for now (hidden bid & ask), things are going to get crazy on Monday for sure since U.S. investors can now participate. On top of this, I know a small investment firm that tried to buy 5K shares of AFRMF at $5.00 and never got filled. Personally and mainly due to the itty bitty float along with the hidden B/A and no level 2, I see AFRMF running to $10 to $12 on Monday followed by a possible Tuesday gap depending on early Tuesday trading in Europe.
