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Reinet DRs to Reinet Shares

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Not applicable
I might have had too much coffee today.. Does anyone know the benefit of converting Reinet DRs into Reinet Shares? As far as I'm aware, the DRs give international exposure to Reinet? Also, in order to convert the DRs, does this have to be done through Computerhsare?
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2 REPLIES 2
Werner_1
Super Contributor
Reinet DR (Depository Reciepts) are listed on the JSE, Reinet Shares are listed on the Luxembourg Stock Exchange. I think the only REI listed in SA is the DR's. i could be wrong, but this is what i understand?
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john_1
Super Contributor
KT.. as far as I understand it they are the same thing ...Like MONDI and INVESTEC..
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