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VERBUND AG (OEZVF)

Other OTC - Other OTC Delayed price. Currency in USD
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98.750.00 (0.00%)
As of 11:30AM EST. Market open.
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  • N
    Nick P
    This is a great, but unfortunately vastly overpriced company. Majority of the past few months price development was caused by purchases from iShares Global Clean Energy ETF and similar ETFs, which just aim to replicate some benchmark indexes, and they bluntly say in their prospectus that they will invest even in the overvalued stocks (its just a tracker ETF). Since there is not so big free float, and daily volume is also small, price got inflated. Be careful! As long as this ETF is popular, price will grow. If the stock is excluded from the benchmark index (currently it close to 5% of the index), ETF funds will have to sell it and you will be faced with oversupply.
  • R
    Ramin
    This will go up!