Orbia is a diversified, vertically integrated, Mexican Manufacturer. They are a global leader in PVC, Precision Agriculture, and Fluorspar production.
What is the difference between MXCHF and MXCHY ? They seem to have a recent price divergence.
I believe the difference is as follows:
MXCHF is the OTC shares that directly represent the Mexican shares (the company's main listing venue)
MXCHY is the OTC shares of the U.S. listed ADR.
So I think the price discrepancy is because the ADR most likely represents 2-3 shares.
But I'm not positive, and didn't look to deeply into the ADR shares, so please check me on this. Probably best to confirm with your broker too.
Here is the article I used to try and figure out the ticker codes:
https://www.fool.com/investing/how-to-invest/stocks/stock-ticker/
Hope this helps!
What is the difference between MXCHF and MXCHY ? They seem to have a recent price divergence.
I believe the difference is as follows:
MXCHF is the OTC shares that directly represent the Mexican shares (the company's main listing venue)
MXCHY is the OTC shares of the U.S. listed ADR.
So I think the price discrepancy is because the ADR most likely represents 2-3 shares.
But I'm not positive, and didn't look to deeply into the ADR shares, so please check me on this. Probably best to confirm with your broker too.
Here is the article I used to try and figure out the ticker codes:
https://www.fool.com/investing/how-to-invest/stocks/stock-ticker/
Hope this helps!