Well I wouldn't be surprised with 1.30 again reasonably...

Well I wouldn't be surprised with 1.30 again reasonably quickly.

It was reasonably stable in the 1.00 to 1.30 range until the margin lenders dropped it off the approved stocks list and caused all the forced sales which pushed it to 0.36. To my mind people were happy at that price (the margin lenders obviously weren't though)

Since then there has been no real demand to push it higher so it languished - and as we got closer to the 15th it was like an option trade. The closer to the date the higher the risk.

The risk is now less - it's back "in the money" so to speak.

So we will see.