Fintel Share Price (FNTL)

Low liquidity I would guess. There aren't many trades flowing on a daily basis.

https://www.proactiveinvestors.co.uk/companies/news/978518/fintel-plc-sees-wealth-of-opportunity-to-grow-in-fintech-space-978518.html

Held these since float & have done relatively well being up nearly 50%, but now being held back by large spread, fairly mundane dividends and no apparent growth. I’ll hang on until end of year results but unless there is some positive news I think I’ll bail out. More potential elsewhere.

Any idea why the spread is so high?
I’m sure this is a major deterrent to trading & as such doesn’t help the share price.
I know a large amount in private hands especially Ken Davy but that shouldn’t effect the spread?
Overall I am positive on this having been an IFA for many years & used their systems and understood how they work & are transitioning, but it will be a long term hold & I wouldn’t expect any major jumps in price unless something out of the ordinary happens.

big volume today