This is market manipulation whichever way you cut it and that is illegal. I am sure that traders like yourself are delighted at the opportunity for a cheap buy in but time this activity was curbed by the regulators IMHO
Did you know that there is no limit to the fines that the FSA can impose on market manipulators?
I would love to know that also, there can be no legitimate reason in my view why you would want to machine gun automatic trades at the ‘Bid’ for £3 a go unless it is to obscure the market and drive the price down (in this instance) or up if you so wished. I guess they can do it and get away with it on small volume days.
Another well written letter to RSR, there's no harm in the occasional reminder that there are investors out there that require a certain level of information from the company, as opposed to stage managed releases.
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