I wonder why when Aust' has been running above the NWS price it suddenly dipped late this afternoon to well below. Closing around 12.89.
Obviously not predicting a good night in the US tonight or some insto's are doing some significant reshuffling of their weightings.
any thoughts?
I took profits on my short term warrant yesterday and invested in cba short (thanks again acouch for the chart). Still holding one NCP warrant that is now at my buy price.
appreciate any views.
cheers
debono
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