MMs have alot of shares going for 108p. i was tempted to buy today but i'm not seeing a change in trend. its still down as you say HH!
new all-time low at the close 107.50p
that 635,000 trade was the UT close. but its a positive being above traded price in last 1/2 hour.
back in today at avg 398p. i've traded my way back out of a loss having tried catching the knife and paying 434p. then 398p or less next few trades. SP was doing well last couple of days showing a series of higher lows but once that broke the potential for a drop down to the 400p level was there..
odd how this closed at 410p yesterday but was trading at 402p offer price this morning 1st thing.
on a normal day this would be up 5-10% on the amount of buying today. someone is still selling at 79.60p and probably has been for some time. say its an II selling 200k shares per weak how many more weeks before sold out? 82m shares in issue. its a guessing game how many shares the II has left to sell.
i expect SP to drop 3.5p on Thursday. so that should make the offer price 76.50p theoretically with spread maybe 76.00-76.50.
12:35:21 400.9000 804,177 UT 400.9000 401.0000 Sell 270,207 1,010,534
12:29:51 405.0000 3 AT 404.3000 405.0000 Buy 270,207 206,357
ut trade 3p below the last trade.
15:59:24 265.0000 17,500 O 265.0000 279.0000 Sell
looking at time stamp that was a sell at 265p. yet close price 278.75p. go figure!
nice profit for MM if they manage to off-load those at 280p+ in the morning.
i think so too. spread too wide on this share to make it worthwhile trading it. but i hold quite a few shares so will top slice a little on spikes. MMs give better price for smaller trades. good if you can get a cheap trading fee.
"Great to see we're still above £2". famous last words.. only 3p away from 190s now.
whats holding oil price up at the moment? is it still north sea pipline off-line?
looking at the trades today it puzzles me why the SP hasn't finished higher. on the day of the AGM the SP closed at 83.5p. today i'm seeing plenty of buying but SP still closed just under 80p (i think). i don't see any UT trade. maybe there is a big delayed sell trade coming.