peculiar share sales.8 Aug 2005 16:39
DGM. I would like to know why sellers are appearing at a strike price of 21.13-21.25p. The best most recent price was mid April when the price dropped to 20p. If the buy price was say 20.5/21p there is little profit. If shares were bought pre mid April, when shares prices were more volatile, and the spread was more unpredicatable. Why sell now when in a few more weeks and months, if the positive sentiment proves true, the share price will rise, but who can forsee the future, certainly not those who bought mid April, and certainly not those who bought recently, the shares could be sold at a better price in the coming months. If the buyers have waited this long to sell why not wait a little bit longer. I am so simple sometimes.