EXT excite technology services ltd

Toph,I am still trying to understand the logic of this.I thought...

  1. 45,756 Posts.
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    Toph,

    I am still trying to understand the logic of this.

    I thought only profit making companies issues options/warrants. How would that affect the share price? Ignorant questions as I don't understand how options work.

    Surely if fundies were trying to re-balancing their books, they would follow their investing/trading strategy. I am just guessing that hedge funds closing out their shorts as it approach 4 pm. I haven't been looking at post auction trades but there seems to be plenty today.

    At the end of the day what works for you by observation is more important than understanding why it works.

    Have a good weekend
 
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