Member Info for ELSteve

Until the finance has been arranged the market makers will run a short book, easy trade for them.

With no news to sustain the rally then a retracement is quite normal

Probably the market makers shaking the tree to pick up some cheap stock.

Hi Tony
If that is the case then it is my remiss to have not picked up on this previously. My thinking is that multiple parties could indicate a higher potential return from Serenity

Interesting to note the lack of depth regarding the Serenity farm out however the RNS does implicitly refer to counterparties and not a singular entity. Not sure if the market has picked up on this yet !

They are probably using an iceberg to feed the order in

The last few months I have just been trading the range buy the shares at 58p and offer them at 65, not in any great size but the levels seem to work.