Global depositary receipt: Difference between revisions
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Amwelladmin (talk | contribs) Created page with "{{fwmdtt|nickname=GDR|title=Global depositary receipt|tagline=Like an ADR, only more foreign|documentation=Prospectus 5|booklets=Nothing to see here, friend. 0|customisabi..." |
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{{ | {{GDR - FWMD}}The depositary receipt may be withdrawn at any time, and the waiting period for the shares being sold and the proceeds distributed to investors may be long | ||
The depositary receipt may be withdrawn at any time, and the waiting period for the shares being sold and the proceeds distributed to investors may be long | |||
Revision as of 11:43, 12 June 2019
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| 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The depositary receipt may be withdrawn at any time, and the waiting period for the shares being sold and the proceeds distributed to investors may be long