Global depositary receipt: Difference between revisions

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{{GDR - FWMD}}The [[depositary receipt]] may be withdrawn at any time, and the waiting period for the shares being sold and the proceeds distributed to investors may be long
{{GDR - FWMD}}The [[depositary receipt]] may be withdrawn at any time, and the waiting period for the shares being sold and the proceeds distributed to investors may be long
{{sa}}
{{sa}}
*[[American Depositary Receipt]]
*[[American depositary receipt]]
*[[FWMD Top Trumps]]
*[[FWMD Top Trumps]]

Revision as of 11:44, 12 June 2019

Top Trumps®
Financial Weapons of Mass Destruction®



GDR


Like an ADR, but foreign.


Docs Prospectus, offer docs etc. Leaden, but dreary. 5
Amendability No real need. No real capacity. 0
Collateral Nope. 0
Transferability In theory, negotiable. Query how much in practice. Redeemable for underlier as well, if that kind of thing floats your boat. 5
Leverage Nope. 0
Fright-o-meter All a bit gnab gib, really ... except issuers tend to be in banana republics and nuclear-armed kleptocracies. 8

The depositary receipt may be withdrawn at any time, and the waiting period for the shares being sold and the proceeds distributed to investors may be long

See also