I am thinking Mellon is buying these shares so it can sell the correspondent ADRs. Trading is skewed towards the Nasdaq so no wonder they would want to issue more ADRs.
Anybody with more knowledge want to weigh in?
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Last
15.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $62.55M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.5¢ | 14.5¢ | $205.0K | 1.365M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 78734 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 205651 | 8 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| PLL (ASX) Chart |