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Why the ADR?
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@KevinC What do you mean by ADR?
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@MarlontotheMoon the "real" share is $BATS. ADRs are US certificates on non-US shares.
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@KevinC I also bought the ADR, I was not aware that there are two different ones. Do you think I should sell now and buy the BATS? Is there a disadvantage? Advantage ?
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@Alfred16 f the issuing bank or stock exchange goes bankrupt, the ADRs are worthless. ADRs are not tangible assets like shares, but a certificate and therefore a financial product. The issuer can therefore also liquidate the ADRs and thus trigger a forced sale.