It seems that Australian investors are not very sophisticated when the CXS ADR's listed on the Nasdaq last night and finished the night at USD9.61, equating to AUD12.64 then divide by 15 shares per ADR to give you an aussie CXS share price of 84 cents.
I think there is a real opportunity to get some CXS before investors get whiff of the fact the australian shares have been incorrectly priced in the market and the adjustment to follow the Nasdaq price is only a matter or time. The adjustment in is the order of 20% for the smart investors that get in now.
CXS Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Not Held
