Is there an arbitrage opportunity picking up ICQ shares?

Hi Sydney,

A fair bit in here hence the bullet point answers:

• FMG does look good now, trading at $17.50 while I type this answer, I’m confident we will see a push towards $18.50 in coming weeks when we may consider a switch to another resource stock depending on respective moves.
• Gold – if I was trading the precious metal it would be under $US1720 but we have a more strategic view here over coming months plus stocks in the sector are exceedingly cheap at present.
• ICQ – there does appear to be a small opportunity here but don’t forget to take into account transaction costs, cost of carry and opportunity coast, a pretty thin margin for me.

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iCar Asia Ltd (ICQ)

LAST UPDATED 03/12/2021 16:34

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chart

iCar Asia Ltd (ICQ)

LAST UPDATED 03/12/2021 16:34