General comments/chat, page-12985

Solid effort @Organism
That 5mil plus supply that came out early last week in the ADNOB's was a pure gift for those playing the arb / value entry game for ADN.

Usually it's liquidity that makes these strategies too difficult to execute and generate a meaningful return for the risk + effort. But for those that keep their eye on the market and are attentive, there can be some good coin on offer.

As iam yet to convert my options, I haven't had any ADN's to arb out
I have however being doing it for the wife's super fund, picking up a few grand here and there.


Btw for those wanting to play ball it looks as though orders are going through via the Chi X only. I don't think the online brokers are letting any orders be placed with the ASX session state the way it currently sits, however if you have a full service broker you may simply ask them to route the order directly the the Chi x to continue playing ball!

Last trade on the ASX was at 10:23:28 before the plug was pulled.


Game on!