Susan MacDonald's Page

Don't say that, not many people knows ADR, that is, American Deposit Receipt. OZ shares like BHP, TLS, RIO cannot trade in the States but U.S. citizens can buy OZ shares in form of ADRs. It's not the same pricing as in OZ, e.g. BHP now trades at A$37 trades at US$57+ in the States. When I see, e.g. BHP finishes 5% higher in U.S., I'll figure it may have an impact in OZ, not 5%, Say, 1 or 2%. That's what I see. Besides, I only trade on fully franked shares, even if it's down, I can still hold on to it and get the interest. That's my theory. I'm just a beginner, to be honest. I start off this June only!!!!