Who follows who?, page-2

First 2 Last

Share
Profile

Follow
arja

2,307 Posts.

58

12/09/19

00:48

Post #: 40389887
Share

Originally posted by Jackthelad55: ↑

I've owned CYB by default as a former NAB UK employee, but I've just bought some more in Aus when it dropped to $2. I have a bit of a beginners question when it comes to dual listed companies. I'm assuming the London price is the main driver for the Australian price, not the other way around, seeing as its business is entirely UK based. So for example, last night UK was up 5.8%, but today Oz was up just 4.27%. So you'd think UK would have to drop 1.5% today to match Aus price. But currently it is up another 4.5%. So being a UK business, does the UK share price just ignore what happens in Oz, and does that not open up some arbitrage possibilites if the two share prices don't follow each other lock-step?

Expand

hit 129 early on in Uk and has really pulled back and now 123.70 in a buoyant market ! Not sure why unless it was moodys
statement. i hope the rally in last day or so has not sun out of stream . But good trading this morning and I was in and out twice
but too nervous to enter at this low level with only 40 minutes to close

CYB Price at posting: $2.20 Sentiment: Hold Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

DRO

History repeats for DroneShield investors but carnage so far subdued

SER

Strategic Energy extends its QLD copper-gold frontier with Diamantina acquisition

HotCopper Highlights: Trigg; Droneshield; Lumos & more

BDM

Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

Week 29 Wrap: ASX hits new all time high of 8,766pts ahead of Aug 1

PSC

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

SYR

Syrah jumps +19% as graphite tariff threat spurs optimism down under

STN

Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

AII

A new NASDAQ listing for a key player in the global critical minerals space

First 2 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Who follows who?, page-2

Top Stories

History repeats for DroneShield investors but carnage so far subdued

Strategic Energy extends its QLD copper-gold frontier with Diamantina acquisition

HotCopper Highlights: Trigg; Droneshield; Lumos & more

Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

Week 29 Wrap: ASX hits new all time high of 8,766pts ahead of Aug 1

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

Syrah jumps +19% as graphite tariff threat spurs optimism down under

Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

A new NASDAQ listing for a key player in the global critical minerals space

Featured News