ORC closed at 13.3 cents in Europe on Friday which is once again...

ORC closed at 13.3 cents in Europe on Friday which is once again a premium to the ASX price. But now we are seeing this morning the options being bought up, which is positive for future moves. It is interesting that the Europeans are valuing ORC higher than investors here. I suppose they are seeing the immense size of what ORC has as a unique investment. If they keep buying at the rate they have been over the last week or so they will end up owning the majority of the stock or it will become so tight there will be little left.