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AMR
20-03-2008, 08:39 PM
To the other TA users out there,

Is it possible to conduct TA for dual-listed stocks on the ASX and use their signals for trades on this side of the Tasman? Reason I ask is the total lack of availability of current EoD data for stocks on the NZX.

Cheers

Steve
20-03-2008, 09:50 PM
The majority of the dual-listed stocks don't really trade on this side of the Tasman which is why there is a lack of meaningful trading data available...

To perfectly honest, given the lack of trading, I have wondered why some of them have even bothered with dual-listing.

AMR
20-03-2008, 10:09 PM
Yes I know looking at companies such as Rio tinto they are probably wasting their time.

I was actually wondering about the ASX listed NZ companies such as FPA, FPH, FBU, TEL, and AIR. Not to mention PRC and NZO.

Steve
20-03-2008, 10:28 PM
It's probably yhe same argument - how much trading do these shares have on the ASX? Is there enough to get any meaningful data?

IMO, probably not worth the effort.