RE: So many buys28 Nov 2024 08:13
Anonymous trading,dark pool,broker to broker, we know how shady all these inner financial markets are so who knows. Personally, and I’m only guessing, if the shares are in sticky hands and no one is selling then I suspect it’s something to do with Icam since they hid their 1.2B holding in the BMP Paribas nominee account (Lynchwood). Volume has dropped off and MOS is pretty illiquid at the moment considering the amount of shares in issue. Maybe Icam are in the process of splitting up their holding into different accounts within it (don’t know if that would warrant a trade notification though). Maybe they’re selling stock to someone who doesn’t want to be identified, maybe they’re drip feeding shares into the market, maybe they’ve sold loads already during the recent rise(that’s a definite). No one has offered any explanation on here yet, either way it’s someone who doesn’t want the SP to move from the current level. Any experts on here that can offer an explanation?