I had a PM about how the pink sheets would affect the TSXV price. I emailed Sasha and this was his reply. Does make sense, thought I would share...
Yes they are connected.
If a market maker in the US has inventory they will not need to transact on the V.
If the market maker does not have inventory they need to buy/sell it on the V to fill the client order.
The market maker makes money on the spread between the prices -- Pink price and V price are seldom the same
Makes sense? if not call me.
Sasha Asgary
514.347.1329