Is there an arbitrage opportunity for ADS's, say NYSE price starts going up, how does the ASX price follow, is it simply up to the issuer (depository bank) of the ADS's to buy ASX shares? Are they effectively the market maker?
Ann: NYSE American Listing Update, page-5
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Last
19.0¢ |
Change
0.005(2.70%) |
Mkt cap ! $40.86M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 19.0¢ | 17.8¢ | $63.16K | 346.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7633 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 93561 | 1 |
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| NVA (ASX) Chart |