I'm not sure they are 'banging on' as much as reporting relevant information, and as they say Japan is a conservative market and Lidco gained approval from Japanese authorities three years ago. Japan is also very big market. The recent announcement was that LiDCOrapid V2 Unity software had been cleared for sale in Japan, and that Lidco believe this expands its product offering and differentiates it from its competitor. I'm not sure how you reach the conclusion the company is 'clearly' not being pushed to the front, but hey ho, if you're not convinced about the company's earnings potential then if I were you I wouldn't invest.
19 Apr '15
I'm not in this yet
Not sure why they are banging on about the latest model to Japan when they have had no sales to Japan and they are up against an entrenched competitor. I'm not convinced the future earnings looking too good here. They clearly aren't being pushed to the front by their Japan distributor.
8 Apr '15
PS - given the price rise today on the back of a buy of just 100,000 tells me yesterday's two trades of 975,000 were 1 or 2. If it was 2, it suggests a market maker is quietly amassing stock, rather than bidding it up.
8 Apr '15
It could (1) be cross-trade, someone maybe transferring from one account to another. Or (2) there could be a buyer out there because ordinarily the bid price would move down, given current limited activity, by more than an .05, on the heels of a sale of close to one million. It could of course be (3) that the buyers of the two identical amounts were not the same market maker, but in fact the the same seller, in which case the seller would be not disclosing his total amount but hoodwinking market makers, but if that was the case I would have expected more of an adjustment downwards in the bid price, than the 9pence and 9.05 paid, as usually sellers who try to pull the wool over dealers' eyes are known to the market. My hunch is it was 1 or 2. ATB
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