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Whats Happening with IMC, page-20

  1. spanisheyes
    372 Posts.
    lightbulb Created with Sketch. 35
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    19/06/19
    22:06
    Post #: 39141973
    It is indeed possible to convert ADS to normal shares, but for us lowly plebs investors, it's a costly process (3 figure) that takes multiple days, which makes it impossible for arbitrage.

    But it is possible that a bank or a fund is doing this right now or has been doing this for a while, because I bet does not take days for them.

    Another example of how markets are rigged.
    IMC Price at posting: 10.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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