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Trading two different markets will create arbitrage...

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Hank Mclovin

601 Posts.

395

23/07/24

08:36

Post #: 74866685
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Originally posted by amb005: ↑

Well could be the case, move some of his holding over there, and start offloading to the German market, maybe they will do a better job at marketing over there if they believe it will help them.

I personally dont think so though because we would need to be notified if he started doing that as he is a substanial holder, so any change in his holdings he needs to notify the market. So if it indeed was him selling at these prices we would find out and I dont think that would be a good signal to the market, largest holder selling at multi year lows.

The german listing is interesting, especially that they listed without a raise, also kind of done quietly without notifying market when it actually occured, wonder what the story is here. Guess we will be finding out soon enough.

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Trading two different markets will create arbitrage opportunities so no matter how well they market in Germany, it will always follow ASX price and vice versa. The arbitrage margin available in that scenario will get quickly snapped by traders.

SRN Price at posting: 0.7¢ Sentiment: Sell Disclosure: Not Held
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Last 0.7¢		Change 0.000(0.00%)		Mkt cap ! $12.91M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	10000	0.8¢

Sellers (Offers)

Price($)	Vol.	No.
0.6¢	190000	1

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No.	Vol.	Price($)
1	191543	0.007
33	17276795	0.006
12	8787032	0.005
11	10230093	0.004
4	4280000	0.003

Price($)	Vol.	No.
0.006	190000	1
0.007	3336732	6
0.008	8103068	7
0.009	1450965	4
0.010	5709325	16

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