Irlbf is quoted in usd currency and bkir is quoted in euro currency .....example bkir previous close in eur is .199 so to calculate irlbf you just go .... .199 multiply by 1.13(eur/usd exchange) is .22 (usd) .
Hello, quick question on IRLBF. I follow these both each day from the states and they seem to trade with no rhyme or reason trailing each other every other day. Has anyone ever tried to arb these? They seem to always converge over <3days. I cannot for the life of me understand why they don't trade in tandem. Any idea?
I cannot help feeling that while the price remains this low there is too much room for swing trades, a .005 swing can make a profits a 1 cent swing represents a 5% growth, We need to get to where the price gets to a slow steady climb without a above average increase in % this will only happen after a share reverse split.
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