I have seen this kind of disparity between two markets before.. however, it doesn't last long and the gap is almost always closed.. It's a great arbitrage opportunity for a fund manager like Baker Steel who are substantial holders in both AZX and GGG.. Other UK based fundies looking for exposure to the project will no doubt be aware of the disparity and start to look at AZX as a cheaper entry..
I have seen this kind of disparity between two markets before.....
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