crashing and burning in london ... again, page-13

csm up 3.79% uk overnight Closing UK price 119.88 p @ 0.4236 is $A2.83 well up from closing price here Friday of $2.74.

So possibly Monday will see the price track the UK performance as it did last Friday.

Could be some arbitrage / cash and carry type of operations between the two markets or a realisation that the sell off might have been overdone. Both nights volume was strong in UK and also on ASX.

Interesting times ahead.