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?
Is there an arbitrage opportunity for ADS's, say NYSE price...
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Last
20.0¢ |
Change
0.010(5.26%) |
Mkt cap ! $43.01M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 20.0¢ | 17.8¢ | $55.47K | 292.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 25349 | 1 |
View Market Depth
| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| NVA (ASX) Chart |