csm up 3.79% uk overnight Closing UK price 119.88 p @ 0.4236 is $A2.83 well up from closing price here Friday of $2.74.
So possibly Monday will see the price track the UK performance as it did last Friday.
Could be some arbitrage / cash and carry type of operations between the two markets or a realisation that the sell off might have been overdone. Both nights volume was strong in UK and also on ASX.
Interesting times ahead.
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CSM
cosmo gold limited
crashing and burning in london ... again, page-13
Currently unlisted. Proposed listing date: TBA