@Boffin99
Arbitrage in this case is yes, a possibility, but the small amount of shares and lack of liquidity available on the BOT OTC (pink sheet), the profit via arbitrage would be on a very small scale. It ideally works when your stock is dual-listed ie ASX/NASDAQ or ASX/LSE or like in NEU's case with Acadia on NASDAQ:ACAD when ACAD goes up in SP in a US trading session attributed strictly to their DAYBUE JV/partnership royalty news, then NEU SP pretty much follows through on the next ASX trading session. You can also look at past SP behaviour/correlation in other dual listed stocks such as MSB (in March-Dec 2020), PLL(Sept 2020-Apr2021) on transformative news events, i actually traded them both successfully during that time by actively paying heed to the possibilities of arbitrage opportunities. Hope that helps...
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@Boffin99Arbitrage in this case is yes, a possibility, but the...
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