Thread: Why are all stocks selling for half price on the Bombay Stock Exchnge?
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Old 04-23-2007, 03:49 AM
spino1i spino1i is offline
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Default Why are all stocks selling for half price on the Bombay Stock Exchnge?
I look at Satyum Computing and the stock is selling for 485 rupees (presumable per share) on the Bombay stock Exchange. Yet it seems on the NYSE for $25.70 per share. 485 rupees/(41.7 rupees/dollar) = $11.63 per share.. wtf is going on here? Am I misreading the Bombay Stock Exchange website or something?
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