If / when there is seriously large volume on the OTC our market will have to catch up otherwise there would be a huge ongoing arbitrage profit opportunity. In an efficient market this loophole would soon be closed as prices come back to equilibrium .
What it shows now is that the OTC market price makers are prepared to shift their price/ spread higher than the Asx price because they don't want to be left holding a short position overnight, and they perceive the Asx is undervaluing the stock.
If / when there is seriously large volume on the OTC our market...
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Last
5.6¢ |
Change
-0.004(6.67%) |
Mkt cap ! $411.5M | |||
| Open | High | Low | Value | Volume |
| 5.9¢ | 5.9¢ | 5.5¢ | $1.481M | 26.09M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 400000 | 5.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.7¢ | 685507 | 4 |
View Market Depth
| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| IMU (ASX) Chart |