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I have been trying LIVE QUOTES for buying and selling for many days now, all at different times of the day eg mid-morning and closing time.
I have found that it goes to NT at a certain size which is NOT a lot.
So, given that the 20 Million trades on Fri, 20 May 2022 was seen on London South East RRR as above, and stated to be "DELAYED TRADES" , I can only reasonably say that if so, one would have to RING the MM's via the broker on the telephone to get a quote ABOVE the quoted max without going to NT. At my broker, they will charge different commission rates then as it is not AUTO ONLINE DEALING rates.
I also went to the London Stock Exchange site to look and on Fri, 20 May 2022 itself, those delayed trades did NOT show up there.
OF NOTE
Share price has NOT FALLEN to any extent - whilst official ADVERTISED at 0.35p to sell and
0.4p to buy, I recall the broker quoted me 0.375p and 0.377p to sell. To buy , it was about 0.38p and a little over.
I am aware that on any normal day, THERE ARE ONLY ABOUT 3-4 TRADES of small amounts but NOTHING LIKE 3mm+ 2m+ of which the 20m were made up of.
The only LOGICAL CONCLUSION is there was an order to BUY and given the shares are tightly held by some big holders, it could be the only way is via SYNTHETIC STOCK?
Or there was a seller contacted by the MM's to sell as norm procedure and this was to fill an
order?
I tried a LIVE SELL and the broker would take everything ALL AT ONE GO which is not norm.
Normal mkt size is only 150,000 shares. At times, this is not so. So, if the MM'S want to buy FROM ME , THEN THEY MUST HAVE AN ORDER TO FILL?
I am not an expert but this is the possible as norm , hence why the SHARE PRICE DID NOT DIVE if they were all SELLS only.
At 20m, it would have been an avalanche vs 450,000 [1 trade] bought on Fri, 20 May 2022 as seen above.
However, on most forums, they always conclude - TO EVERY SELL THERE IS A BUY.
I know the VOLUME IS MOST UNUSUAL. Sorry for typos as not editing due to dyd strain.
Sun, 22 May 2022.
Curious response. What would your description be of RRR trading 20+ million in one day?
low
moderate
typical
average
On Fri, 20 May 2022, take a look at the free data from London South East FREE at the top of this page. CLICK see all trades.
Then, put one's mouse [computer ] to the RIGHT of each trade and one will see it is DENOTED "DELAYED PUBLICATION" and the trade in "BLACK" lettering [Not Blue for Buy or Red for Sell].
I checked each one and they were THE LARGE DELAYED PUBLICATION TRADES ABOVE:
3.798 million, 2.234 million, 3.33million, 4 million, 3.765 million and 3.074million. I added them roughly and they total some 20 MILLION. There was also one for 1m from recall but it was in blue.
LONDON SOUTH EAST
To the top of this page, it stated that there was only 450,000 shares bought @$1.8k and NO SELLS.
I checked the trades and one was at 8:15am, 20.5.22 for 450,000 shares bought.
NORMAL MARKET SIZE
It is 150,000 [NMS] - see page on top.
My comment:
The advertised price was 0.35p to sell and 0.4p to buy.
However, LIVE PRICE was very much HIGHER when I tried a sell on Fri, 20 May 2022 and it was NOT 0.35p. To buy, I got a LIVE price but NOT at 0.4p. So, advertised price is not correct.
During trading hrs, one is not allowed to give out liv prices so one has to do one's own live quoted for SELL and BUY.
MM
I tried selling and the MM would take more than NMS of 150,000 which is not always especially if there is no RNS on that day or news.
So, LIQUIDITY appears to be good when I tried live quotes to sell on Fri, 20.5.22 towards end of the mkt day near 4.30pm.
---------------To every BUY, there is a SELL as norm?--------
I have been taking down LIVE PRICES for many days and depending on the time of the day
the prices fluctuate in terms of spread but they are around the live price.
So, yes, the trades are LARGE and not commonly seen for the days that I have seen.
Just for discussion.
Sat, 21 May 2022.
Hahaha I fully agree you couldn't offer any help to me or indeed anyone else. Typical cowardly response from someone that doesn't have a clue. I gave you a hint. Be prepared to be called up on your unsubstantiated bs.
if you can not read/understand trading volume then I can not help you
I'll ask again - what's the evidence for "large SELLING volume"?
IMO 22.29 million shares being traded is large
What's the evidence for "large selling volume"?
81% of traded notional was done at mids.
IMO when there is large selling volume on No news and share price is unchanged that is a positive for the share price
the future will be interesting