Sorry if it’s a dumb question, not an equity guy.
Looks like one’s ADR one’s CS?
Why would they have both ADR and CS listed and how would they be differentiated? I’m sorry, I’m aware these are just really dumb qusetions.
Are you joking or are you really not an equity guy? I thought you were but guess you are debt?
We have a weird structure here. We cover through the capital structure but because of our focus that means we’re primarily fixed income guys moonlighting as equity,.
https://money.stackexchange.com/questions/80702/adr-vs-ordinary-shares
I didn’t know either but did some reading. Looks like the difference is foreign exchange impacts, liquidity, and broker fees for trading