"This is the equivalent of AUD $1.71 for MSB. So it looks like that the rally will continue on Monday."
As the AUD continued to fall, so the closing price of MESO rose. Actually, quite a precipitous plunge in AUDUSD.
AUD started last session at 77.22 and closed at 76.46 (so increasing the MESO closing price).
I'm not saying the price will not open up Monday (or down), just that one needs to be conscious of the currency movement. If it opens up, it won't be on the basis on the NASDAQ Close. The ADR remains, by definition, a tracking stock (of the foreign stock - MSB, indeed, any foreign stock)
AUDUSD - HOURLY
Note: Horiz axis NYC timezone:
Macquarie, page-46
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Last
$1.41 |
Change
-0.030(2.08%) |
Mkt cap ! $1.627B | |||
| Open | High | Low | Value | Volume |
| $1.44 | $1.46 | $1.40 | $1.409M | 990.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 16825 | $1.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.42 | 4055 | 6 |
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| Last trade - 12.39pm 15/10/2024 (20 minute delay) ? |
| MSB (ASX) Chart |