Volkswagen shares plunge after new emissions revelation

Discussion in 'Stocks' started by Michael J. Fletcher, Nov 4, 2015.

  1. Michael J. Fletcher

    Michael J. Fletcher

    #1     Nov 4, 2015
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    felixbocharov likes this.
  2. felixbocharov

    felixbocharov

    Why does VLKAY pps increase while VOW3.DE plummets? Shouldn't they start to sync?
     
    #2     Nov 4, 2015
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  3. NoVoodooHere

    NoVoodooHere

    schottenfreude_0.jpg shrug.gif
     
    #3     Nov 4, 2015
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  4. dhpar

    dhpar

    different capital structure and also a different currency...
    VLKAY is 1/5 of VOW, not VOW3. For VOW3 you have to use VLKPY which is 1/5 of VOW3. VOW3 is a preferred security with no voting rights. also VOW3 has almost 6x more of trading volume than VOW.
    obviously the voting rights are very valuable when it comes to VW...
     
    Last edited: Nov 5, 2015
    #4     Nov 5, 2015
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