I am thinking Mellon is buying these shares so it can sell the correspondent ADRs. Trading is skewed towards the Nasdaq so no wonder they would want to issue more ADRs.
Anybody with more knowledge want to weigh in?
I am thinking Mellon is buying these shares so it can sell the...
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Last
14.5¢ |
Change
0.015(11.5%) |
Mkt cap ! $59.80M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.5¢ | 14.0¢ | $183.5K | 1.288M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 362376 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 52238 | 7 |
View Market Depth
| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| PLL (ASX) Chart |