I suspect there is very little depth there. In feb, when not so much was happening at MSB, the market volume for MSB on ASX was 57m ords, the vol for MESO was 1.5m, equiv of 7.5m MSB. (So is about 10% of the market cap in ADRs? Somebody please let me know if this info is available somewhere.) So the massive volume on MESO included significant churn. I do not think MESO is a tail that will wag MSB very much, unless/until a lot more stock is converted to ADRs.
Bell Potter Daily Pack 16 April 2020, page-52
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Last
$1.03 |
Change
-0.040(3.76%) |
Mkt cap ! $1.170B | |||
| Open | High | Low | Value | Volume |
| $1.07 | $1.07 | $1.01 | $13.19M | 12.81M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 61090 | $1.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.03 | 239558 | 5 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| MSB (ASX) Chart |