Japan Airlines (Tokyo listing)
http://stocks.finance.yahoo.co.jp/stocks/detail/?code=9205.t
last price = 1 yen
high of day = 2 yen
going to be delisted on 20 February 2010:
http://www.tse.or.jp/english/listing/delisting/list.html
USD/JPY = 90.22
ADRs represent 5 (Japanese) shares
http://www.adrbnymellon.com/dr_profile.jsp?cusip=471040105
2 yen / 90.22 * 5 = 0.1108
so the New York listed ADRs "should" be worth about 11 cents (if we assume 2 yen per Tokyo listed share).
Japan Airlines (New York listing)
http://finance.yahoo.com/q?s=jalsy.pk
last price = 2.12 USD
Note on 20 January the US listed ADRs hit a low of 20 cents.
Is it just me, or this a little crazy?
http://stocks.finance.yahoo.co.jp/stocks/detail/?code=9205.t
last price = 1 yen
high of day = 2 yen
going to be delisted on 20 February 2010:
http://www.tse.or.jp/english/listing/delisting/list.html
USD/JPY = 90.22
ADRs represent 5 (Japanese) shares
http://www.adrbnymellon.com/dr_profile.jsp?cusip=471040105
2 yen / 90.22 * 5 = 0.1108
so the New York listed ADRs "should" be worth about 11 cents (if we assume 2 yen per Tokyo listed share).
Japan Airlines (New York listing)
http://finance.yahoo.com/q?s=jalsy.pk
last price = 2.12 USD
Note on 20 January the US listed ADRs hit a low of 20 cents.
Is it just me, or this a little crazy?