I nudged it with a bit of tiny retail holder arbitrage. Sold 17000 MSB shares at 1.155. Took the proceeds plus a few extra $ and bought 1800 ADRs at 7.37 = equivalent to 1.11 MSB.
With a big enough account and holdings in both markets, arbitrage can be a profitable little game. Some risk involved though, got lucky selling near the MSB day high and on the low end of the day for Meso.
MESO Nasdaq update, page-5572
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Last
$1.18 |
Change
0.025(2.16%) |
Mkt cap ! $1.341B | |||
| Open | High | Low | Value | Volume |
| $1.15 | $1.19 | $1.15 | $2.356M | 2.018M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 119813 | $1.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.18 | 230496 | 30 |
View Market Depth
| Last trade - 12.56pm 23/07/2024 (20 minute delay) ? |
| MSB (ASX) Chart |