SSN 0.00% 1.5¢ samson oil & gas limited

Could someone please tell me if this is the correct method for...

  1. 975 Posts.
    Could someone please tell me if this is the correct method for comparing the two listed stocks ?

    If: 1 SSN.AMEX share = 20 SSN.ASX shares
    AND: AU$1 = US$0.89
    Then: AU$0.017 * 20 * 0.89 = US$0.3026

    At the moment (7AM AEST) SSN.AMEX is trading at US$0.28.

    Therefore: (28/20)/0.89 = AU$0.0157 (round it up to 1.6cents)

    Yesterday the Aussie $ was at US$0.88, this morning it is at US$0.89. Would that be the cause of the discrepancy ?

    Or seeing as they are actually two separate entities, can we not directly compare the two ?

    Thanks in advance ;)
    --Dan
 
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