re: solco closed at a$0.38 in germany aaragon...Both companies...

re: solco closed at a$0.38 in germany aaragon...

Both companies have separate listings on both the Australian and German bourses.

My understanding is that a certain number of shares are reserved for and managed by a sponsoring broker on the German bourse.

The interesting thing here is that if the volumes on their market are greater than the stock available, it must be bought from our markets for delivery over there?

Likewise, any excess from over there is sold back here.

Occassinaly an arbitrage scenario develops, whereby the shares on one exchange might be trading higher than the other...as such, people buy the stock from the cheaper exchange to sell on the dearer one.

Anyway...this is my understanding, can anyone eles confirm?

Cheers!