looking at the yanks buying NWS bears absolutely NO relationship to aussies buying NCP.
In case you have been living in a bubble, NCP plans to move to the US. This means yanks want to buy the (NWS) stock, and aussies need to sell (NCP).
Why then......would aussie funds (who will be forced to sell their 2 biggest holdings) be concerned with US funds buying up NWS (which they will soon have to do on a great scale)?!
Parity is no longer relevant. The only trade I can see, is a pairs trade......short NCP & long NCPDP.....as its NCPDP that meets S&P criteria.
