I think the big orders at 38.5 are legitimate. If they are confident the scheme will succeed at 50c then it’s still 3% profit in less than 1 month - 36% annualised. That’s pretty good. I’m not confident enough that it will succeed to risk more money for 3 %. I think the sp will drop to 30-40c initially if scheme fails. I’d rather by more at 30-40c in a month than target 3% return.
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