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It seems like everyday an axe gets taken to the share price within the first 10 minutes and then it freezes for the whole day. I hope it doesn't drop to the 5p share issue price by the 16th but I can't argue against it the way it's going recently. We could probably do with an update from VLS or one of their partners.
Time Trade Price Volume Value
08:29:53 7.79999 10,000 780.00 O
08:25:13 7.55 25,000 1,888 O
08:22:45 7.55 10,200 770.10 O
08:07:21 7.5441 33,218 2,506 O
08:06:39 7.71 50,000 3,855 O
08:04:51 7.85 50,000 3,925 O
08:04:01 7.70 25,000 1,925 O
08:04:00 7.71 4,637 357.51 O
08:02:20 7.70 25,818 1,988 O
08:02:09 7.89 12,522 987.99 O
08:01:52 7.2937 13,455 981.37 O
08:01:45 7.89 1,000 78.90 O
08:00:50 7.2937 13,793 1,006 O
08:00:41 7.94 500 39.70 A
08:00:25 7.89 11,584 913.98 7.7S ARE BUYS 7.5S ARE SELLS EVRYTRADE AFTER THE 1ST 2 ARE RED AND SHOWING AS SELLS
If people are making decisions based on the data presented then there's an issue. If the data is inaccurate then it's almost worthless.
I think the price is being manipulated, it does not seem to rise as it should do, might rise more after the mini budget
Surely innacurate data should be classed as fraud if there is some manipulation showing buys as sells. People are investing a lot of money here.
Who in their right mind would sell 480 shares at 7.75p given the cost of transaction charges?
somebody extremely desperate for £20??.....................doesn't make sense.
Sell: 7.60p | Buy: 8.30p | no change0.34p (4.28%)
Actual buy price is 7.74p but as its closer to sell price than advertised 8.3p it will come through as a sell so the market is given the impression there are more sellers than buyers.
One thing I have noticed is that every time there is an AT trade, the mid price moves immediately to what ever price the AT trade went through at. Hence the big jumps up and down.
"An automatic trade generated by the SETS system through the order book.(Level 2)"
Found this which explains what SETS is - https://www.fool.co.uk/investing-basics/how-the-stock-market-works/sets-and-seaq/
I still don't really understand it and why it's happening to VLS.... maybe Whitto could explain to us?
£20 for tonight's fish & chips LOL
It's difficult to read patterns if the data is useless! "Delayed Publication" etc...
Seems to be a big sell order, being trying to get a quote for ages...
It does beg the question "With all these 'sells' who's doing the buying?"...
Correct. My 25,000 buy at 08:04 shows as a sell.
Rishi sunak is talking about green Revolution and how government will back it, think we will get a very positive statement tomorrow. Imo
Also it's 7.5p to buy
Can't get a sale quote.
Hopefully krakatoa!
Time Trade Price Volume Value
12:47:54 7.50 13,333 999.98 O
12:19:36 7.50 19,833 1,487 O
12:18:53 7.50 13,414 1,006 O
12:14:42 7.50 100,000 7,500 A
12:13:24 7.50 13,226 991.95 O
12:11:31 7.50 774 58.05 O
11:48:02 7.50 3,500 262.50 O
11:38:33 7.50 100,000 7,500 A
11:36:34 7.50 3,893 291.98 O
11:36:34 7.50 2,500 187.50 O
11:36:18 7.50 100,000 7,500 A
11:36:09 7.50 18,000 1,350 O
11:33:17 7.50 2,520 189.00 O
11:16:35 7.50 25,000 1,875 O
11:09:43 7.50 7,442 558.15 O
11:02:04 7.50 24,457 1,834 O
10:59:14 7.50 3,000 225.00 O
09:56:23 7.45 160,000 11.92k O
10:51:49 7.50 42,666 3,200 O
09:41:49 7.70 129,870 10,000 . I CAN BUY AT 7.5 . I CAN SELL 100 SHARES FOR 7.5 . EVERYTHING SHOWING AS A SELL . I HAVENT GOT A CLUE AS TO MMS STRATEGY WITH THIS SHARE AS I HAVE NEVER SEEN THIS B4 . GLA
The only plausible explanation I have is that a large buy is being filled so MM's are listing all trades as sells to balance the books when it's executed.
Doesn't make any sense though why they would do this.
I wondered if with the release of so many shares given away at 5p, they were trying so show the pi's that the price was dropping back down in the hope they could grab more before the next announcement of which they will have more info than us.
@YBD - if what you say is the case then the following is obviously rubbish...
# Trades 65
Vol. Sold 1,355,775
Sold Value £101.68k
Vol. Bought 12,084
Bought Value £906.30
PE Ratio -0.838
Earnings -8.95
Dividend 0.00
Yield 0.00%
SupremeSpod
It is rubbish as I've just bought another 21k shares.
I think it's all a sham, big sell going through as I have been trying to get a quote all-day to sell with IG nothing... Can buy more easily.
Do Shell or IAG have an equity interest? Is this something they would do on the open market?
Forward selling of the 5p shares out next week?