MOD 0.00% 42.5¢ mod resources limited

Arden Buy price for MOD at 52p, page-4

  1. 690 Posts.
    lightbulb Created with Sketch. 47
    Hi Mike, moved a couple of £k intending to buy MOD via lse on Thursday but I was being quoted 14.9 when the spread was supposedly 13-15p

    I make MOD Mcap @ AUD$57.17m or approx £32m though lse gives it a more generous £34.80m.
    Is this one of the reasons lse trading has been all but non-existent compared to asx or just a fact that the only holders are on ASX?

    The lack of activity is clearly clouding my judgement as in theory it should mean it's the time to buy.
    I just get the impression that arbitrage is with asx over lse at the moment and it's one of the reasons I have hesitated.
    ¯\_(ツ)_/¯
 
watchlist Created with Sketch. Add MOD (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.