Hi E82M,
I agree with you totally in theory.
However, with the Royal Mail float in the UK it was the Ladbrokes betting market that picked the price on the day and not the sophisticated IG Market spread betting !
Hence paying a reasonable amount of attention to the retail punters and their bets .
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- Medibank Indicative price _IG markets Gray Market Chart
Medibank Indicative price _IG markets Gray Market Chart, page-60
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