That's interesting as it's a Bank of New York Mellon subsidiary. [For other's benefit BYNM is one of the main NASDAQ ADR (foreign subclass listings) Sponsors, and US investment channels into ASX]. So as I see it, arbitrage [on exchange rates] may explain the ragged end trading parcels. Don't suppose you know their local broker? Maybe poster Downside could pull a broker report for recent period for us if we ask ever so nicely.
ADO Price at posting:
6.8¢ Sentiment: Hold Disclosure: Held
