Its more likely the other way round and there is a big buyer willing to soak up as many shares as possible. Hence paying over the bid, and all the way up to the ask price. If they had plenty of shares to clear, then why are the offering me mid price (99.55p) for 80,000 shares in one shot? They would normally refuse anything over 25,000 in a normal trading day, but liquidity today has increased and someone is behind it.
looks like a transfer as suggested. Ten or more £25k buys plus many more £10k and the price does not move, in fact it is down!..........a normal day with this volume etc and we would be over £3 a share now ..lol
A seller would be weighing on the bid, but instead they are offering above bid and even the ask price for shares. So it doesn't make sense that there is a background seller, else why offer above bid for sells.
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