in Europe we have TIS at/near 52wk low
Berlin - no volume, AU$ 0.179
Frankfurt - no volume, AU$ 0.236
Exchange rate AU$ 1 = €0.72
Sydney is just in-between and almost at the 52wk low too.
These European listings serve no purpose - the yearly volume is very very low.
I guess some clever financial adviser, many many years ago, proposed the idea to have international listings to management and they fell for it. Why these listings are still maintained is beyond me - they have no bearing on the companies performance nor do or did they help re EMEA.
TIS Price at posting:
20.7¢ Sentiment: Hold Disclosure: Held
