ZRL zambezi resources limited

arbitrage opportunity

  1. 5,344 Posts.
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    With the dual listing on the LSE, current vaule converted into AUD should see the price around the $0.60 mark.

    Will be interesting to see the price on the LSE tonight, wheather it holds up well & if so, will the buyers from the UK market pick up cheaper exposure to the stock on the ASX...all things being equal & in a perfect world, we should see the two prices allign with each other (based on ex rate conversions).

    My thoughts based on the current valuation of $0.48 is that a arbitrage opp of 25% is currently evident on this stock....

    Will be an interesting daý on the LSE & then our market on Friday...
 
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