So apparently DP World, the port business of Dubai World which of course is at the center of all the hub-bub, is publicly traded on the pinksheets.The five letter designator is DPWRF and it did trade on Friday. Not surprisingly Schwab cannot accommodate anyone interested due to custody issues but it is interesting to know that the stock exists.
2 comments:
No, not really. I looked up the ticker on Pinksheets.com, where it's listed as "grey market", and the chart shows NO trades between its first listing date of 9/30/08 and last Friday — over a year. Not exactly "publicly traded" as a practical matter.
But maybe "there's no such thing as bad publicity" applies, and it will suddenly become a hot item for trading. I think I'll pass.
it may not trade but just about every foreign ord on the pinks is shows as grey market.
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