RE: £12m buy9 Apr 2024 22:02
Hello Darbinator, You and I are classed as Retail Investors. And rather like a retail outlet (supermarkets,clothes shops etc) can sell goods to the public, it can only do this via an opening time and a closing time. The London Stock Exchange opens its doors for business at 8.00am (GMT) in the morning and closes its doors at 4.30pm (GMT).
Trades made after 4.30pm ( After Hours Trades/Auctions)) are for the professionals for example large institutions, hedge funds,investment banks,pension funds and large brokerages etc.
For instance the trading platform AJBell has a 31 million buy after hours at 16:35 pm. I am in a way a new starter like yourself as when i was working full time in the Aerospace Industry circa 45> years my financial portfolio i left in charge of Fund Managers( ETFs,OEIC,Dividend, Income Funds etc) as i never had the time available to run my portfolio and also wanted the Fund Managers to inherit the "Stomach Ulcers" rather than me though obviously i had to pay for this privelege.
When i retired 31 Dec 2014 aged 59 i decided to then run my own portfolio and inherit the stomach ulcers, i have a portfolio of ten RR is the only UK share i have just a tad over 25,000 at circa .4 which cost just over ten thousand pound, the other share is Newmont (US) the other eight are still ETF Funds ( a mixture of Index,Commodities Gold and Silver,Emerging Markets etc)
The Fund Managers in the past have done a very good job, as i only started with an initial ten thousand pounds in 1984, and now have a six figure value portfolio, my ultimate aim is for a seven figure portfolio and presently am very nearly four tenths of the way, I think you will find as i have that it's better to be a "lucky" investor than being a good investor, and finally i wish you a prosperous investing future.