Daily trading was so tight I would imagine that to make money anyone shorting would have been in at large amounts per pip. This did one of the quickest spikes Ive seen in a while, 2.5 to 3 in less than a minute? I think. Thats financial ruin territory. Sincerely hope no one got too badly done either on the way up or back down. Anyway Im gone now, so GL All and may this get back to 3's quickly.
Believe it or not I am seriously considering a top up, just had a touch on another one and want to top up two or three of my longer term hold as I dont need the cash. Decisions.
Yeah, 7m changing hands, still encouraging if someone taking a position. No massive offload from Ocean either. Take it as a positive all things considered.
For balance, seeing as the LNH get nearly £100k in fees at every conversion, they can probably afford to break even on share aspect so perhaps 0.32 to recoup shares now being sold.