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We seem to have had a larger number of trades than normalfor this time in the morning. The 08.13 trade stands out in particular.
I suspect the large trade is a seller completing an order.
At 1% of the company, it is confusing. Is it a holder who took the placing? If it is a buyer, where has the stock come from. It would mean there is a lot of stock slopping around. Without positive news, this would threaten lower prices short term.
Lottie123 In relation to your 09.12 post I did not pick up on the fact that the trade was for an amount equivalent to 1% of the company. Hopefully when the accounts come out this week it provides a boost. With all the reported buys if they are all buys it looks like people may be taking a position in advance of the results.
Well tomorrow is the last day of the public consultation, So the decision is close :)
For each buyer, there must be a seller. If a significant number of buy trades are printed without impacting the share price, it means one thing...the seller or sellers are bigger and ongoing. If it was a buyer I would be more worried as to how easy it was to buy 1% at the lowest price for a while...must have been a seller.
Hi, think consultation ends today at 5pm
Losing the will to live over the ML. JW has stated on occasions, decision is within weeks only for many months to pass. The delay is political not environmental. When it suits the Government, we will know.
Edwin Poots is unwell so whilst I’m sure we all wish him well and can access the treatment he needs to make a speedy recovery. I do hope this doesn’t delay the decision.
He does of course first have to be in receipt of the recommendation (one way or the other) from DAERA!
With the closure of the extended (extended extended additional ?) consultation period today and assuming their hasn’t been some incredible new revelation in environmental science or cetacean behaviours then one can hope a letter has already been drafted and will find its way into Mr Poots in tray before the month is out.
I doubt daera have even saved a blank word document titled ml decision recommendation! Why do something today that can be put off by a year or two appears to be their mantra. Best wishes to Mr Poots however