RE: Todays action28 Apr 2021 19:56
Total 898m shares in issue
Daily Traded volume today is likely 35m lower.
I believe 2 x block trades have been reported twice,
-10,000,000m
-25,000,000m
——————
-35m - potentially reported twice
—————-
That sometimes occurs with block sales, reported twice on trade list at close.
The price are the same, but took place earlier. I have seen this before.
Doesn’t answer the question on another 36m, 16.5m, 7.2m, 25m, 10m
One assumption is SPREADEX LTD may have reduced, they had their hand in a few pies recently, but the market took a downturn. Again an assumption.
Spreadex Ltd - 4.62% =. 41,450,000m
Pegasus - 3% = 26,932,000m
—————————
Recent New investor - 100m
These sales kept the sp down all day, but only by 15%??
The unusual thing, as mentioned by someone, the price DID NOT CRASH. That is a good indicator.
Now, I recentlly requested a block BUY 2 months back,
MM’s bought throughtout the day which I could see as it was a illiquid stockand volume size (good for the day block-BUY) and at the end of the session, the block buy was “repeated” So my buy were essentially reported / addedtwice.
This happens a lot.
The price in my opinion will bounce tomorrow if that is all this is, a holder moving on.
In covid, court cases can take longer, we are in a pandemic. So this is already priced in.
Again not an issue, this can happen.
Main key indicator is the sp held very well, in fact briefly it went back up 2.10p
Next week, GM is the first focus, name change and new tech....
Roll on.
Fig.