RE: 25k Buys20 Jun 2018 18:43
Just shows, doesn't it, how low the free float is here.
One seller doing 14 x £5k sells was able to throw the price down to 26p.
If you ask me, Mike, it was due to drop from 30p anyway, as price starts to converge and the consistent sells hammered down the bid to 25p at one point. Consistent buying today but the bulk of it at the end, when the MM's had accumulated a couple hundred thousand shares so could cover it. Just my opinion.
Gotta love AIM eh Mike!
As Calum said, a great little bounce off 26p final half hour.
The seller may look and feel a bit silly in the next week or so. No guarantees obviously, but big risk to take.