Of course ash, that's why if you look at the formula closely it includes a division by 100.
On your other question ash, as explained in my previous posts, the connection of the USA price and Aussie price, based on the value of the Aussie dollar at any point in time, is out of interest, to work out the relative parity of a share price valuation, whether it's based in the USA or AUD.
This is how arbitrage works, but for me, it's just a way of looking at a comparative share value for a dual listed company across international boundaries.. What would be more interesting, and fun, of course, is if it was also listed in Frankfurt, or on the LSE as well.
Go PLL. Watching the NASDAQ again tonight.
All the best,
Gw
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