One month in lets check back in on the $EUR.AX European Lithium arb trade... $EUR.AX is at 48c (vs 42c); $CRML is at $11.6 (vs $12.6). Implied fair value on the deal is 57c today ie about 16% gross spread...so this has tightened massively in 1mo, it was ~36% when posted...
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