It was a one day spike on the NASDAQ. Only is an arbitrage opp if you were able to short the stock at close yesterday in US and purchase on open in AUS. Otherwise you are looking at 3 weeks of uncertainty while your shares are transferred to the US.
https://www.marketwatch.com/story/i...-rockets-over-1000-on-heavy-volume-2018-05-02
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It was a one day spike on the NASDAQ. Only is an arbitrage opp...
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