Here’s the three month chart of the Australian listing for Troy Resources (TRY.ax)………and it looks as if the market has come the the same sort of conclusion your humble servant did when the boardroom headbutting began, namely that it won’t matter much in the long run.
As for the arbitrage between the Oz listing and its thinner-traded Canadian sibling, the forex rates suggest the A$2.45 close last night in Australia puts TRY.to at CAD$2.338 today. Troy Resources closed at CAD$2.17 yesterday.
Then factor in the gold move up and through U$1,050 this morning and, all in all, it looks quite promising for the Canadian listing of this quality, small goldie with tons of growth baked in. Yes I own, so DYODD dude.