NVA 8.05% 20.0¢ nova minerals limited

Is there an arbitrage opportunity for ADS's, say NYSE price...

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    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?
 
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Last
20.0¢
Change
-0.018(8.05%)
Mkt cap ! $43.01M
Open High Low Value Volume
21.5¢ 21.5¢ 20.0¢ $52.40K 252.2K

Buyers (Bids)

No. Vol. Price($)
1 1500 19.5¢
 

Sellers (Offers)

Price($) Vol. No.
21.5¢ 1668 1
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Last trade - 14.11pm 19/07/2024 (20 minute delay) ?
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