captainmerton
- 03 May 2005 17:19
Looking for some help. Whole Foods is listed both on the NASDAQ and LSE. The share price movements seem to mirror each other but i cant find any information on this share. It is an American company but does the LSE listing fund and concern only their intended european expansion or do whole companies sometimes list on more than one exchange? help. Any advice appreciated. i don't have a clue.
Fundamentalist
- 03 May 2005 17:52
- 2 of 3
Captain
shares that have a dual listing - the listing on each exchange relate to the whole company hence in this example this does not relate solely to the european expansion.
For example SKP is listed on both the LSE and NASDAQ and each nasdaq share is the same as 10 SKP LSE listed shares. The trade at approx 56p here and $10
there. 10 x 56p = 5.60 which is approx $10 when you take the exchange rate into consideration. You should be able to do a similar calc on WFMI but the relationship should be clearly stated in the company accounts
captainmerton
- 03 May 2005 18:25
- 3 of 3
Many Thanks, Fundamentalist.