closed at 0.1917 GBP, which is 0.2933 AUD, I don't have the VWAP for the AIM but by the graph it looks to average at least +0.20 GBP (0.306).
So... if my Computershare arbitrage assumption is correct they will need to cover some of the 10.24m that was sold today, we will probably see a big open and first half hour, ceteris paribus. Foolish sellers will line up below 30c, if the sellers have any brains they will line up 30c plus.
For some reason I think I have a good fell for the short term trading trends but I still can't bring myself to sell any, perhaps a bullish weakness of mine. Truth is medium term / pre 2013 I think 30c will be the floor that buy stack will be wishing to get filled.
Will be at the AGM Friday, anyone else going?
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closed at 0.1917 GBP, which is 0.2933 AUD, I don't have the VWAP...
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