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See the explanation of American depository Receipt at: http://wiki.answers.com/Q/What_does_ADR_stands_for The actual price of the ADR means nothing in itself, just like the price of a stock doesn't. The number of shares, among other things, makes the stock price higher or lower without changing any real value. (A stock with a float of say 100 shares and a price of $100 as share, would be the same if the float was 1,000 shares but the price would then be indicated as $10 a share).

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16y ago

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