RE: b-b-b-21 May 2021 14:02
Just contacted this website LSE to complain why they are putting up sells when they are buys . It must be noted that LSE has nothing to do with the Aquis exchange they are just an information and trading site. This is the reply I got ;
Hi R******,
We calculate the trade type based on the trade price being higher or lower than the mid price at the time of the transaction. Sometimes this calculation does not work, or the price is the opposite side of the mid price. This means we are either unable to calculate what type of trade this is at all, or the calculation shows it as the wrong type of trade (a buy instead of a sell for example).
Our method of calculating the type of trade is the industry standard, and while we are not provided by the type of trade from the stock market we will continue to use it.
If the London Stock Exchange informed everyone if a buy was a buy and a sell was a sell, we wouldn't have to make any calculations at all but unfortunately, they don't.
We do have a disclaimer at the very bottom of the website for this reason, as due to the fact the Stock Exchange don't tell any website if a buy is a buy or a sell is a sell, we're forced to work it out ourselves. As mentioned, an algorithm is in place for this and is industry standard.
Kind regards
Craig
This proves that it is not all at it seems and certain sells are buys so when you see a sea of red it is more than likely many buys are in there as well.
I still maintain the market makers are playing games with this stock for their own gain and sincerely hope that Aquis looks into it.
As an investment I do firmly believe that this is a really good company and will hopefully deliver big returns once FDA approval is gained otherwise I wouldn’t have put my hard earned cash into it.
The present price represents a bargain. It is an 80% saving on the IPO price.
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