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Ann: Project Shivom Strategic Alliance, page-40

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  1. 1,141 Posts.
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    GENE Nasdq price is $1.48
    Exchange rate $1= AUD 1.28
    Nasdaq is trading in 150 shares parcels. Hence ASX equivalent price should be 1.27 cents. ASX currently trading at 1.1 cents ( more than 15% price difference). A very significant arbitrage opportunity. This should not last long in rational markets. We will see.
 
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