InvestorsHub Logo

ZincFinger

07/24/13 11:42 AM

#509 RE: buccaneer1961 #503

There is considerable room for doubting that trading of US ADRs CURRENTLY HELD may not resume as they should. The change from OPELF to POETF was not a NAME change but a STOCK CODE change.

The stock code changed from OPELF to POETF but the name was still listed as "Opel Technologies" and NOT as "POET Technologies" therefore it appears that the NAME change has not been done yet.

The the problem with the inability to trade OPELF for two months after the last name change was due to the NAME change and not to anything related to the stock code.

NOTE that NEW ADRs will be able to trade in any event so just seeing shares of POETF trading will not demonstrate that the old shares can trade yet! We won't know until there is evidence that US ADRs that were held BEFORE the name change are trading.