no you're right.. AZX just seems to be flying under the radar.....

no you're right.. AZX just seems to be flying under the radar.. even the AZXOA price seesm to be very out of whack (cheap) compared to the head shares..??

http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary.html?fourWayKey=GB00B06JK880GBGBXAIM

Above link shows GGG currently trading at 14pence. Multiply that by 227m shares on issue for a market cap of 31.78m pounds. Convert that into AUD at .61 pound to the dollar giving an equivalent market cap of $52m AUD. Divide that by AZXs 87m shares for an equivalent share price of 59c!!! Arbitrage opportunities like this don't tend to last for long. The gap will close sooner or later. I'd say Baker Steel will have something to do with that too...