Treacle/Nesty18 Oct 2013 14:30
I kept an eye on ASX last night. I was surprised the MM didn't align with London from the off. Started off with a lot of buys at 0.039. When the MM pushed the price to 0.040 a lot of sells came in. This happened all night. It held at 0.040 for quite a while but no buys appeared. Eventually one buy at 0.040 came through. No other trades appeared for almost an hour then another flood of sells. I got the impression the MM was trying to force the price up. Might be wrong of course. Anyway off to the pub. Have a good weekend and chat next week. Momentary pause for another push to 3p next week!