i reckon the oppies will come into their own when mvh really puts the pedal down ... i suspect when the ords are motoring along and there's no doubt in anyones minds that there is a growing stream of revenue behind this mob then the ords will be trading with as little as a .10 premium ... five years to pay .20, it's a gift. i have an even split or ords and oppies, but now regret not topping up with more oppies below .10; no doubt others will be thinking the same about this level.
as for the trading, just bit players here now. noggie summed it up nicely. accumulators are playing a smart game here .... and only the galoots are selling below the ask. when its gone up its come in a rush once buy side has built up. suspect we could see a spurt this afternoon ahead of next weeks possible announcement flow.
i have bought some trading stock in recent days and will be looking for a short term exit in the mid-40s.
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