RE: Eurasia Mining Market cap18 Nov 2023 15:03
When looking closely at the prices and times of the trades from Friday and indeed other days, it appears that a number of the “sells” are in fact buys. Friday – sells at around 2.01 are sells whereas “sells” at 2.14 and 2.16 are actually buys? This has happened to me on occasions when my own MTL buys have shown as sells. And to Lee last week when a couple of his buys appeared as sells?
The discrepancies seem to correlate with the spread. A buy is also a sell to the market makers.
17 Nov 14:03 Sell - 149,067 at 2.14p
17 Nov 12:58 Sell - 86,899 at 2.01p
17 Nov 12:31 Sell - 69,535 at 2.14p
17 Nov 12:31 Sell - 21,515 at 2.14p
17 Nov 11:49 Sell - 30,99 at 2.01p
17 Nov 10:00 Sell - 70,000 at 2.12p
17 Nov 09:28 Sell -118,300 at 2.014
I make that 4 buys and 3 sells but what do I know?
I agree that selling MTL at these low prices seems senseless .