PM8 Chart., page-47

Nice close on the LSE, 42p = 76c. Interesting to note also how the ASX sell depth disappeared after close. Genuine orders? I think not!

For some, it's not about long term value investing though. A 'sophisticate' trading algorithm can easily take advantage of arbitrage between exchanges and scrape small 10% gains ad-infinitum. Once set in motion, automated algo's will intercept genuine orders and manipulate the price up/down as required. In our case, if I buy at 70c ASX and sell at 42p LSE, I make 10% no sweat! Rinse and repeat ...

The game is definitely rigged in favour of brokers/traders, but without them most stocks would have zero liquidity which can result in extreme price volatility.