eurofox: i'm fairly new to cen but have been building a reasonable stake over the last couple of weeks. i would imagine that a lot of SBs will simply roll over and the mm will know what aren't rolling. i have no idea about the volume of T trades pending. my impression is most people aren't considering this a t-10/t-20 trade but a share with a massive potential over the next few months. i therefore think (could be completely wrong) that most recent buys are people getting in now believing that q1 could really see the sp start to move.