RE: Played like a fiddle....19 Jul 2018 13:00
I note from a copy of the registered market makers for UKOG, as taken from the London Stock Exchange site, there are 9 registered MM's.
JOH. BERENBERG GOSSLER
CANTOR FITZGERALD EUROPE
CENKOS SECURITIES PLC
PEEL HUNT LLP
SHORE CAPITAL STOCKBROKERS LTD
NPLUS1 SINGER CAPITAL MKTS LTD
STIFEL NICOLAUS EUROPE LIMITED
W H IRELAND LIMITED
WINTERFLOOD SECURITIES LTD
WH Ireland facilitated the £2M placings as per RNS of the 4th July and the £5.5M placing as per the 15th June RNS.
Could the recent drop in SP be simply down to some of the placees cashing in and the fact we have 9 MM's all in competition with one another to do business?