What a pleasant change it is not to have"HIM" on here anymore.The rest of us are all rational sensible individuals who know that it will take lots of time+patience to turn this company around.Ww've been through the dark days of the past couple of years+ npw hopefully can look forward to the future with renewed optimism.There will of course be tough times ahead, but hopefully the company returning to profit in the last 6 months is a good sign of things to come.
What is all this horse trading in the background at around the 11.25p mark ? I have been watching it for a while now and quotes are being posted and removed at the 11.25p and 11.50p mark on the BID side. Does this mean that the MM's are trading among themselves and not on the market - or is it some "dark pool" activity that is going on ? If anyone can shed any light on this it would be great !
What price are you talking about? The bid or the ask? If either drops to 'zero' it will be certainly outside 'normal' trading hours. And essentially if 'zero' then the MMs are clearly not wanting to buy and/or sell CPP stock (whatever 'zero' the case may be). Unless you want to buy CPP stock my advice to you would be to ignore everything except the bid especially if you have it on monitor with no time lag on sites like MoneyAM and ADVFN. The prices quoted at the top of this BB frankly aren't worth a light in terms of accuracy at any given point in time. And ignore prices like 16p offer currently showing. That will be altered once trading starts in the morning at 8am.
The only point I'm trying to make is that at 8 o'clock the share price usually opens UP and bang on 4:30 it usually drops all the way down to zero.All the activity during the day is usually reserved for the last 10 minutes of trading.It may be quite normal practice but the whole practice in my opinion stinks.That is only my opinion of course.I take on board the sites you mention for more up to date prices, as I appreciate time lags do happen regularly on this site.
LATINLOU - not sure the point you are making. Your CPP shares were effectively worth 11.5p at start of today and that's how it finished. No change. At 4:30 precisely (close) sometimes the MMs take the stock into auction mode. And the bid and /or offer can temporarily move quite a bit depending upon however the MMs want to play it for whatever reason. Quite normal practice. If you are watching this site (LSE) for up to date 'Share Price' I wouldn't bother as it is often a delayed reaction to trades. MoneyAM or ADVFN are more meaningful and instantaneous with price movements.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.