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The price differential between identical assets trading in different markets : a case study of Mondi Holdings

Includes abstract.

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Bibliographic Details
Main Author: Majoni, Akios
Other Authors: Gstraunthaler, Thomas
Format: Thesis
Language:English
Published: Department of Finance and Tax 2014
Subjects:
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access_status_str Open Access
author Majoni, Akios
author2 Gstraunthaler, Thomas
author_browse Gstraunthaler, Thomas
Majoni, Akios
author_facet Gstraunthaler, Thomas
Majoni, Akios
author_sort Majoni, Akios
collection Thesis
description Includes abstract.
format Thesis
id oai:open.uct.ac.za:11427/10796
institution University of Cape Town (South Africa)
language eng
last_indexed 2026-06-10T12:32:47.627Z
license_str Not specified — see source repository
provenance_str_mv Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository
publishDate 2014
publishDateRange 2014
publishDateSort 2014
publisher Department of Finance and Tax
publisherStr Department of Finance and Tax
record_format dspace
source_str UCTD — University of Cape Town Open Access Repository
spelling oai:open.uct.ac.za:11427/10796 The price differential between identical assets trading in different markets : a case study of Mondi Holdings Majoni, Akios Gstraunthaler, Thomas Financial Management Includes abstract. Includes bibliographical references (p. 41-45). This study investigates the possible explanatory factors behind the mispricing in dual traded assets, using Mondi Holdings (the PLC listed on the London Stock Exchange and the LTD listed on the Johannesburg Stock Exchange) as a case study. The study documents the existence of substantial mispricing between the Mondi twins, with the LTD trading at an average premium of 9% over the sample period. However, the reclassification of the PLC shares on the JSE resulted in a significant and sharp decline in the LTD premium to an average of 3%, an indication that regulatory controls were significant in sustaining a larger part of the price deviations. 2014-12-31T20:03:15Z 2014-12-31T20:03:15Z 2010 Master Thesis Masters MCom http://hdl.handle.net/11427/10796 eng application/pdf Department of Finance and Tax Faculty of Commerce University of Cape Town
spellingShingle Financial Management
Majoni, Akios
The price differential between identical assets trading in different markets : a case study of Mondi Holdings
thesis_degree_str Master's
title The price differential between identical assets trading in different markets : a case study of Mondi Holdings
title_full The price differential between identical assets trading in different markets : a case study of Mondi Holdings
title_fullStr The price differential between identical assets trading in different markets : a case study of Mondi Holdings
title_full_unstemmed The price differential between identical assets trading in different markets : a case study of Mondi Holdings
title_short The price differential between identical assets trading in different markets : a case study of Mondi Holdings
title_sort price differential between identical assets trading in different markets a case study of mondi holdings
topic Financial Management
url http://hdl.handle.net/11427/10796
work_keys_str_mv AT majoniakios thepricedifferentialbetweenidenticalassetstradingindifferentmarketsacasestudyofmondiholdings
AT majoniakios pricedifferentialbetweenidenticalassetstradingindifferentmarketsacasestudyofmondiholdings