IMU - Closed a STT on IMU yesterday based on its likelihood for an oversubscribed SPP. The SPP was so low for retail, and the attached option so attractive I think it was inevitable and a sound play. The buy at 0.295 should have been at 0.29, and the sell at 0.32 should have been at 0.325, but I perceived it may have continued yesterday. Many more trades to come, particularly if it breaks above 0.325 - next opportunity may be a dip as SPP shares are released to market.
