as trade rolls on this Friday it will be interesting for me to see what happens this morning when BLYCE opens.....
(BLYCE is the market being established for those that want to buy the rights off others, ie pay someone who is entitled for the right to buy shares at 27cents)
What trade or premium will be placed on getting those rights if any.....no idea yet
Will those that missed out even partake,,,
Will those substantially short look to buy the rights so they can close out in due course,,,
How with that affect the short positions and trade...
All in all an intersting day im sure, time will tell....
GL traders
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blyce interesting friday
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