On the Canadian stock exchange , what does the .V or second tier be a sign of . . .see optional contained by?
Zenn Motors have 2 symbols
http://finance.yahoo.com/q?s=znn.v...
and
http://finance.yahoo.com/q?s=znnmf.pk...
What is the difference ?
gratefulness for your assistance
Answers:
The two different symbols denotes that Zenn Motors is traded on at smallest 2 stock market.
The "ZNNMF.PK" refers to the company's stock to be exact traded on the US' over the counter (OTC) flea market, which is a decentralized bazaar where on earth most small stocks are traded by dealer to investors.
The "ZNN.V" refers to the company's stock explicitly traded on Canada's TSX Venture Exchange, which is Canada's stock exchange for small capitalization stocks.
You may also spy that the price quotes for respectively is slight different from respectively (for example, ZNNMF.PK is worth $3.64 and ZNN.V is worth $3.85). This difference is due to the reality that ZNN.V is programmed contained by Canadian dollars whereas ZNNMF.PK is timetabled surrounded by US dollars. Therefore within is a slight difference due to the exchange rate and if respectively price is converted into the other currency using the current exchange rate, you will capture a quite equivalent expediency.
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http://finance.yahoo.com/q?s=znn.v...
and
http://finance.yahoo.com/q?s=znnmf.pk...
What is the difference ?
gratefulness for your assistance
Answers:
The two different symbols denotes that Zenn Motors is traded on at smallest 2 stock market.
The "ZNNMF.PK" refers to the company's stock to be exact traded on the US' over the counter (OTC) flea market, which is a decentralized bazaar where on earth most small stocks are traded by dealer to investors.
The "ZNN.V" refers to the company's stock explicitly traded on Canada's TSX Venture Exchange, which is Canada's stock exchange for small capitalization stocks.
You may also spy that the price quotes for respectively is slight different from respectively (for example, ZNNMF.PK is worth $3.64 and ZNN.V is worth $3.85). This difference is due to the reality that ZNN.V is programmed contained by Canadian dollars whereas ZNNMF.PK is timetabled surrounded by US dollars. Therefore within is a slight difference due to the exchange rate and if respectively price is converted into the other currency using the current exchange rate, you will capture a quite equivalent expediency.
Companies repeatedly enumerate contained by more than one souk within command to gain the opportunity to bring to the fore wealth from a greater pool of investors.