Firstly, apart from all the good reasons to accumulate CDV already outlined in previous threads, I have noticed over the last couple of weeks a markedly increased willingness of someone (or "someones") to buy up the OAs at a premium even if the heads were stable or going down. I see this as a way of maximising the leverage of an anticipated imminent rise.
Also, due to cash flow issues, I have needed to unload some of my OAs - there are very few stronger market signals of an imminent jump in sp than me selling
Looking forward to a surge in value over the next few weeks and months.
Happy New Year everyone and best wishes for a prosperous and above all HAPPY 2018.
sasa (sitting as I have for the last 10yrs at this day and hour, on the waterfront at Forster - NSW Mid North Coast - waiting for the fireworks...)
CDV Price at posting:
52.5¢ Sentiment: Buy Disclosure: Held