Game on for day traders who love price spikes. I doubt Nathan...

Game on for day traders who love price spikes.

I doubt Nathan wants a speeding ticket at this stage, it would upset his news feed schedule. Imho any spike will be greatly sold into and bought back later at more realistic prices. The wall is there for a reason.

Imho the current pricing is aiding option holders to pass on the cost of conversion and there are some very large option holdings to keep happy.

This achieves at least these things
higher average price which makes conversion more justified for smaller holders. (imagine if it sat at 4.0c range and hardly pipped)
money in the bank for Xped more guaranteed
average lower holding price for longer term holders, friends relatives, business partners, backers, latecomer interested parties getting a foot in the door etc.
high turnover to scalp for interest sake