Replies to post #18218 on National Bank of Greece ADR (fka NBGGY)

[Mierto]

The document does say up to .05 per share converted to underlying ETE. One could just sell NBGGY before and buy ETE

[Chriss777]

You can ignore me if you want and that's fine. But after you ignore me, go back and read the article. Pay particular attention to the second page first paragraph where is says....

If you surrender ADSs for the purpose of withdrawing the underlying Shares before the Depositary sells those Shares, you must pay the fee of the Depositary as provided in the Deposit Agreement of up to $0.05 per ADS surrendered, a cable fee of $17.50 and any applicable taxes or governmental charges. Payment should be made to The Bank of New York Mellon.