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toodangerous4you

05/28/20 3:44 PM

#841 RE: ErnieBilco #840

Yeah I see that. Like no one is selling below a dollar lol

toodangerous4you

05/28/20 3:50 PM

#842 RE: ErnieBilco #840

What do you think about enzc

creede

05/28/20 5:38 PM

#845 RE: ErnieBilco #840

Wow. The spread on TPDDF is crazy.

Bonus is that it has a pretty website.

https://talonpetroleum.com.au/

I would try to get some but I believe my broker would charge me $50 per trade

creede

05/28/20 5:43 PM

#846 RE: ErnieBilco #840

I take that back..

Its an unsolicited zombie. lol

Guess those are the exception to the rule!

I notice that OTCM does not have accurate share data.

Can that be picked up on an Australian Website. Perhaps?

creede

05/28/20 11:18 PM

#853 RE: ErnieBilco #840

This is where foreign stocks get real confusing to me.

Per the AU exchange website, the 52 week high is .003.

https://www.asx.com.au/asx/share-price-research/company/TPD/statistics/shares

You can see at OTCM the 52 weeks range is .0001 - $1.00

https://www.otcmarkets.com/stock/TPDDF/quote

$1 dollar = $1.51 au dollar but that does not nearly account for the discrepancy

I spoke to OTCM a few weeks ago and they said there is a connection between OTC and the foreign exchange upon which a stock trades.

There are not two sets of share structures but one set.

Did a share of TPD/TPDDF trade for .002 US dollar (converted) or $1.00 US dollar?

Furthermore, the spread in TPD is .001 x .002 at current.

Why isn’t the quote at OTCM equivalent?

.0007 x .0013