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Anglo American explains move to OTC

Posted Aug 13th 2009 1:00PM by Sheldon Liber (RSS feed)
Filed under: Rants and Raves, Market Matters, Anglo American (AAUKY), NASDAQ

Last week shareholders were surprised to find that Anglo American (OTC: AAUKY) had moved from the Nasdaq to the OTC "pink sheets" with no press release, news or explanation on the company website (see AAUK: Now you see it, now you don't).

After a few inquiries to the company, I received notice that the site had been updated with a full explanation. What I learned is that the Nasdaq listing was not done by Anglo but by several banks that held unsponsored ADR shares and were trading the stock.

Continue reading Anglo American explains move to OTC

Symbol Lookup
IndexesChangePrice
DJIA-74.9212,454.83
NASDAQ-1.852,837.53
S&P 500-2.861,317.82

Last updated: May 25, 2012: 05:58 PM

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