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EXCLUSIVE: Oil analyst Barney Gray discusses the latest from Tower, Coro, Colter, Reabold & United Watch Here

EXCLUSIVE: Oil analyst Barney Gray discusses the latest from Tower, Coro, Colter, Reabold & United
UPDATE: #COPL set timeline for Q2/Q3 Nigeria drilling programme


SolGold Share Chat (SOLG)



Share Price: 37.00Bid: 37.00Ask: 37.20Change: -0.10 (-0.27%)Faller - Solgold
Spread: 0.20Spread as %: 0.54%Open: 37.20High: 37.20Low: 36.85Yesterday’s Close: 37.10


Share Discussion for SolGold




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Jerryspaniel
Posts: 242
Opinion:No Opinion
Price:37.50
RE: big buys
7 Dec '18
Agree that £26k isnt an institutional completed order but could be part of an accumulation of small orders. Instos dont just buy in big chunks, otherwise they could only buy when a large seller appeared. I presume the market maker is mopping up small PI sales and will then book out a larger fill when complete or at the end of the day.
Quiet today, so I am off to the pub for Friday darts....
 
ssmith_trader
Posts: 137
Opinion:Strong Buy
Price:37.25
RE: big buys
7 Dec '18
Agree... institutions will have a vwap order and print right at end of day. This is retail buying. Good sign of course, but still surprised more II / buyside funds aren't involved.
SavShare7
Posts: 1,228
Opinion:No Opinion
Price:37.25
RE: big buys
7 Dec '18
Surely the approach of buying regular small chunks is a good way for institutions to accumulate shares as part of a larger order rather than a massive buy that could make the price soar before they've finished buying??
Jerryspaniel
Posts: 242
Opinion:No Opinion
Price:37.25
RE: big buys
7 Dec '18
Obviously I have no certainty on this VCKP, but it has happened a week after the whole crew were in London doing rounds and rounds of investor presentations. So I would guess (and hope) that its institutions finally coming round to the story.




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