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Not been here for quite some time and wondered what underwing was, thought it was something to do with aeroplanes. Now read through the posts and all is clearer. Come on UNDERWING, lol!
Seems a bit strange to me, 23/2, no sign of any trades to indicate large buying on that date, prob took part in the placing and trying to conjure a bit of interest, just IMHO.
Problem for me is we keep seeing large buys given a discount, and they subsequently sell into any rise. I'm out for now because of this. The buy at 73.0 today (I think it was a buy) will hover on any bid above 73. Just my take on what's been happening.
Tom, I'm no expert, but it's all to do with brokers looking after preferred clients and maintaining an orderly market. They probably needed to fill the order with some sells. Think they can delay such trades for three trading days, but not sure on that.