Just bought some GMM, at time of buying GMM were 70c and GXY were 45.5c
Am I right in that buying GMM, I got GXY at 42.4c (70c/1.65) = 5.5% discount on the 45.5c.
If so, may be worth monitoring the spread between the two.
GMM Price at posting:
71.0¢ Sentiment: Buy Disclosure: Held