NVX 2.31% 84.5¢ novonix limited

With Tesla solid, this was clearly a dual listing arbitrage...

  1. 2,606 Posts.
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    With Tesla solid, this was clearly a dual listing arbitrage opportunity too good to waste.

    Picked up near close in Oz and very happy.

    In a less liquid US market for NVX traders short sold the Nasdaq IPO 5% and covered at 15% below in Australia....not easy to do now as all US shares absorbed.

    Tonight this should rise in the US....
    or be slightly down 2 or 3% meaning NVX in Oz should open near $7.00 and square up rally back tomorrow to $7.50.

    Hope this helps.


 
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Last trade - 16.10pm 21/05/2024 (20 minute delay) ?
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