NTU - good luck bjc3, NTUOB offers better leverage if you believe the sp is going higher - still 18 months to expiry.
It remains to be seen whether LYC are buying more on market, but the change of sub holder notice indicates they were willing to buy a few more above the 12c paid to Ferrum Crescent (they purchased more at 13c/13.5c).
Maybe they want to scupper the Chinese deal as others have mentioned.
I'm surprised the whole 12.5m didn't go to LYC, obviously someone else wanted a decent stake - unless they went to friendlies for a quick trade.
HOG - flying backwards on gas discovery announcement, opened 18c, now 15.5c - down 1c on the day
