The pricing for the AMI Real Estate ex-SA for 29 April was R38.50, as opposed to the close of R19.98.
We have spoken to the market maker and the -48% drop was not the result of any trades done but rather a wide spread between the best bid and best offer on the order book going into auction.
Subsequently the ETF will reprice today and be up over ~90%. We will continuously monitor the Bids and Offers to limit this occurring again in the future.
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