7RH1 - PHD wakes up
So....for those of you not following along, and checking out the other PHD tickers and volumes...
PRRVF for the states
7RH1 for EUR land...
Recent trades in EUROPE on 7RH1
4/11 20k @ 0.0500 EUR
8/11 1.25k @ 0.0445 EUR
10/11 109k @ .0350 EUR
10/11 100k @ 0.0295 RUR
So, someone got a great deal at 0.0295 EUR (.04 cdn)
Oh, and it "appears" Instinet MIGHT be playing a little arbitrage on PHD...as 109k shares showed up on the open on PHD.V on 10/11... Did Instinet see a chance to make a couple hundred $ on a straight flip? looks like it to me
Cheers folks