RE: Accumulating1 Dec 2020 14:03
Hasiba,
thanks for your response, I take it that you're happy to have a discussion with me.
OK the reason I was asking if you have DMA. was because the MM size for scancell is far higher than 20K these days. The reason i say that is that I've been able to trade happily in 100K+ (yes both ways) for some months now and that's without using DMA so to hear that MMs will only make a price in 20K amazes me. if that were the case the wholesale market in Scancell would grind to a halt. Not only that how do we explain the size on L2?
So from my point of view it has been a very strange day recently when quotes for at least 50K both sides have not been openly available most of the time, and if one side is indicative it gives more than an idea of where the market actually is. At the same time there have been some indications that the share price has been both protected and limited over the last few weeks and that really does not surprise me at all. I think the net movement over the next two years is likely to be up -assuming the IP and BoD deliver - and so as we can't realistically guess, and I use that word advisedly, the short term movements I remain overweight in scancell shares in the hope that the Science does come good.
Good to exchange views.