RE: You can’t buck the market29 Jun 2018 18:01
cygnet, The story on spreadex, It's speculation, but the LTH think (including me) that a large bet was placed with spradex (long) at about the time of the first placing, so you are looking at 0.4+ price that was taken. We then think that spreadex approached Alba looking for cheap shares to cover/lay off the bet, we think they took the second placing shares which destroyed the share price, driving it down to 0.25, the client/clients who placed the bet may well have been stop lost out or reduced anyway. Speadex would have then made their money from the clients losing bet. Spreadex not being investors are happy to just dump the shares. Looks to me, they played it like a fiddle.