tyska Posted November 24, 2009 Share Posted November 24, 2009 Haven't come across anyones thoughts if they will keep reporting in U.S. dollars with the de-listing.I'm not sure that I see the benefit, other than not having to do conversions. And if they keep reporting in U.S. dollars will they keep the dividend in same. I'm overall happy with the change, always had a niggling feeling that the arbitrage was hurting price, nothing to really prove it though. Don't quite understand if there will be that opportunity with the two currency shares on the TSX or if both shares will be automatically priced for exchange rate. Dan Link to comment Share on other sites More sharing options...
StubbleJumper Posted November 24, 2009 Share Posted November 24, 2009 ORH, C&F and US runoff will all still be operating mainly in $US. Given their dominance in the company, that would be an argument in favour of continuing to report results in $US. It also might suggest that for FX management purposes, FFH might still wish to pay the divvy in $US (ie, if you earn $1B and want to pay $200m in divvies, then probably best to try to match currencies as much as possible so that you are not put in position of having a gyrating annual divvy). SJ Link to comment Share on other sites More sharing options...
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