An interesting purchase about 5 min before close. 600,000 @ 10c. Not the move of a day trader with about 5 m sitting on 10.5c.
It showed all the signs of serious money and intent.
I now intend to exercise my options and start to arbitrage options and shares. Buy the option and sell the share (as opportunities arise) then buy more options.
There seems to be an adversity to take out bundles of options in case it sets the hares running.
An interesting time ahead with that large off-shore fund taking out 10%.
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