I have just joined HC because I saw a thread from 2017 that talked about the share price disparity ASX vs JSE back then. I recently bought shares on the ASX when the price on JSE was at parity but they have dropped to 25% below parity since then.
my question is whether there is any way of profiting from this arbitrage (2017 thread) and if so why the gap prevails?
Ann: Proposed issue of securities - ORN, page-20
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Mkt cap ! $90.83M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 20000 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 62380 | 1 |
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