trading on london stock exchange, page-40

Hi Chillam
Was just trying to point that when this runs then the only opportunity to buy back would be if the fraccing was not up to expectations. If that is the case there will be buyers not neccesarily at 5c but always someone thinks we will get it right next time.
5c was just pulled out of my head at random- could be 3 could be 8 but a price less than the 10 I think it will run to shortly

With the arbitrage - it is not quite arbitrage but pretty close to it London price has been running higher than ours.Beyond the bounds of normal variation we have been opening lower than London has been closing so buy on our market sell on London at a higher price or short London buy Oz
There are constraints but the smart people will get around these
When the big volumes come on I expect the markets to converge precisely because arbitrage is seldom allowed to happen in this day of freer markets
I have a gut feeling - more emotion than reason that London will move passed 5.5 on Friday (10c our money) on high volume and we will follow so if you want to stock up below 10 tomorow will be your last chance.It is London driving the price
Demobilisation and /or arrival of fraccing team could be trigger for price rise