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Tyla, So its you driving the price down ;-). Not sure you can read a lot 5k/10k as like you say PI's will also trade in these amounts. Main take away for me is that the mm's can drive the price down by concentrating these large trades early in the day and panicking people to sell............ and that for the past 3 days buys have outweighed sells!
Info, yep much prefer when price is going up! Will take a look at the delayed for tomorrow and hopefully we will be back up over £2.
Great work Matt, be interested to see the results of the delayed trades from today when they land tomorrow. I think they may have switched tactics to pump and dump rather than bear raids. I much prefer this as at lest the sp goes up over time.
Great work, thanks mat. I must confess, I have been doing a lot of buying and selling in 10k shares chunks and 10k money chunks, at least 6 today all buys and yesterday about 12, mixture buys and sells, early morning were sells yesterday.
An Update for 01/10/20.
Approx. Total buys £3,462,947 (shares 2,092,872)
Approx. Totals Sells £2,425,996 (shares 1, 474,892)
Buys outweigh sells by £1m+ (620k shares)
-----------------------
5000/10000 vol trades bought value: £980k (590k shares)
5000/10000 vol trades sold value: £736k (440k shares)
(Note: delayed trades have been adjusted to their appropriate buy/sell with the spread at their time of printing.)
Again the large delayed trades (printed the day after sold) again pretty much equal each other out again today.
Large delayed sells (29th Sept): 545k shares
Large delayed buys (29th Sept): 520k shares
Large delayed sells (30th Sept): 590k shares
Large delayed buys (30th Sept): 553k shares
So not sure there is much point in continuing to analyse trades like this over the coming days but it helped me to get my head around this drop being an orchestrated share collecting exercise by the mm's rather than something more serious. The most interesting thing that has come out of this exercise is that yesterday, approx. 50% of 5000/10000 sells happened in the first 30 minutes of trading and nearly all of them done by 10AM. An obvious tactic to scare people into parting with their shares!
Hopefully another strong day tomorrow.
GLA
`thanks Mat, excellent info, to me the buys and sells are relatively close in volume say set +/- 10% I think,
is it just two main players ?
An update for 30/09/20.
Approx. Total buys £2,815,531
Approx. Totals Sells £2,458,531
Buys outweigh sells by £350k
-----------------------
5000/10000 vol trades bought value: £745k
5000/10000 vol trades sold value: £815k
(Note: delayed trades have adjusted to their appropriate buy/sell with the spread at their time of printing.)
SO 4% drop yesterday with buys outweighing sells by £200k. A 6% drop today with buys outweighing sells by £350k.
While volume is good it looks as though there is a big sell order in that is dragging us down. Wonder who decided they would wait for an RNS to sell into? Hopefully they are finished soon or we get a TR1. On the plus side it does look as though these shares are being hoovered up by an II as well. While I may be overanalysing things it does make it easier to sit on my hands and focus on fundamentals.
Incidentally the delayed trades from yesterday that were printed today pretty much evened themselves out.
Y-Alam - I hadn’t spotted that it’s already been posted here a few posts down.
Great post Matml74 - totally fits in with my own thoughts on today’s trading. Assuming most of the 5/10k trades are indeed an II then we have both a buyer and a seller (as I’ve suspected). We may also have an II who is both buying AND tactically selling through a smart broker to keep the price suppressed. Evidence of this is particularly obvious at the start of trading each day. A few very early 5/10k’s go through and you get a quick SP drop. On low volume days that’s normally enough to set the trend for the day within the first 30 mins. Easy isn’t it, if you have the means. NOTHING surprises me in this market.
Hi Ghia any chance you can copy paste ?
Those with ADVFN guild access I suggest you read Timbo’s post which has been made sticky.
So a great day today with the RNS this morning and now a path forward to ensure COVID patients will receive SNG001 this winter. There is now no doubt of that. Really great work by Richard and the team at SNG with this partnership.
Whilst I was not overly surprised at the reaction of the share price due to the shenanigans of AIM, I decided that I would look at the trades for the day in more detail out of curiosity to see if the 4% drop was justified or not. So I went through the trades and adjusted the delayed trades to their appropriate buy/sell with the spread at their time of printing.
29/09/20
Approx. Total buys £2,368,062
Approx. Totals Sells £2,177,126
So approx £200k more buys today than sells. So not a massive difference but certainly the trading today did not justify a drop in share price. I am sure there will also be some more late reported trades from today that will show tomorrow so the difference could have larger still. We had approx £250k's worth report this afternoon from yesterday.
I also looked at the volumes of the larger round figure trades (5000/10000) as may be indication of II selling/buying.
5000/10000 vol trades bought value: £730k
5000/10000 vol trades sold value: £520k
So looks like we may still have someone selling down and also looks like a lot of PI's sold on the news or lost patience.
GLA