37.5c CAD should be 37c AUD, we closed at 33c. 12% discount,...

37.5c CAD should be 37c AUD, we closed at 33c. 12% discount, nobody interested in any arbitrage??

Weak volume going through pretty much all the spec stocks that I monitor. It's not as if they are expensive either, a number of them have retreated 30-40% from their yearly highs a couple months ago. There is definitely value at these prices in some of these specs with near term price changers like SXA. Contrast this with the large caps which seem expensive but are being bought up by yield chasers.

Where is the risk appetite of the Aussie investor?