RE: Momentum continues, with all business units performing well Stronger & sustainable, onwards and upwards1 Nov 2024 20:11
Aby1972
bid as in bid/offer..
when you sell, (as someone has been doing in £20k lots last few days), you would expect the bid price (price you can sell in the market place) to drop. But it hasn't!
It has not only kept firm but actually gone higher, suggesting there is a background buyer picking up stock (order)
judging by the price action, price is being marked down on a temporary basis intraday in the hope that it flushes out some sellers so they can pick up stock.