Clarification pleaseRegarding why this stock is trading the way it is. My understanding was that the exchangable shares would go hand in hand with LSE. How can there be such a descrepency in trading (one down 2.5 % and the other up 8%). This should have beeen halted until all shares cleared. Makes no sense. Is the trading for IT.X pointless considering those shares can be exchanged for JPJ shares?
Confused trader here, any clarfication would be greatly appreciated.