[Ducati] Ducati no longer trading on the NYSE due to costs

[Alex]

Dave, I think that's an incorrect interpretation.  Ducati will still 
have to do the same kind of reporting for the Italian exchange 
(Borsa).  Don't forget that EU accounting rules are different than 
American rules, which means that Ducati has to pay for their 
reporting & compliance twice if they are listed on both Borsa and 
NYSE.  (www.borsaitaliana.it)

http://www.borsaitaliana.it/bitApp/scheda.bit?target=StrumentoMTA&isin=IT0001278081&lang=en

Plus, the volume of trade of DMH on the NYSE was VERY VERY low.  Many 
days went by with the volume being zero, and rarely was it over a thousand.

Having to pay an accounting firm several tens of thousands for the 
privilege of being on the NYSE simply did not make sense.

That being said, Ducati is still available OTC as DMHYY.PK (pink 
sheets).  So you can still buy it if your broker will trade pink sheets.


At 10:24 PM 6/18/2007, you wrote:
>Interpretation: The cost of compliance & having to report REAL 
>numbers is too high.......
>
>At 07:52 PM 6/18/2007, Mateo wrote:
>
>>*Ducati To Delist From NYSE Due To Costs [DMH]*