Replies to post #1636 on Petro Rio S.A. ADR fka HRPTY

[Mig321]

This selling is irrational. Absolutely, it does not make sense. What is going on?

[DrillaHill]

18%

0,23/ 0,28 = 0,82

1 Real = 0,438827 US-Dollar

1 HRT share = 2 GDRs

1 HRTPY should trade at:

(R$1,28 * 0,438827 / 2) = 0,28/ HRTPY
usually it has traded even 5% above HRTP3 (0,294)