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Hi Evan
Yep It has been done in the past ,probably for hundreds of years. With modern tchnology and freed up money transfers life is a lot easier these last 10 years or so .
It is called Arbitraging and it is very common.. Hey forget sharetrading, because it is most common there and margins are tight ...My advice is to register with online bookies and bet on the All Blacks/Wobblies....eg one bookie might have them at $1.40 to $1 to win ...another may have them at $1.20 to $1 to lose ...take both bets ...you can't lose... many people are making a living out of this arbitraging type activity   oop -------Original Message-------
Date: Friday, 14 November 2003 19:21:37
Subject: [sharechat] Dual Listed Companies
I was wondering if there where in benefits in purchasing a stock that is listed on one exchange than buying the same stock on a different exchange. Except for hedging you investment by trading it in a different currency, is there any other differences?
For a stock such as Baycorp Advantage, is there any reason that buying it on the NZX is better than buying it on the ASX or vice-versa,
Evan
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