riddler16 Apr 2009 11:57
Level2 order book shows 195,000 shares controlled by 9 mm's
buy side split as follows 1,2,2,1,2,1 prices 13p,12.5p,12.25p,12p,11p,8p
sell side plit as follows 1,2,4,1,1 prices 14.25p,14.5p,15p,15.25p,20p
spread is 8.8% trades so far buy 1,275,878 shares sell 805 shares unconfirmed 100,000 shares.
live price
sell 13p but 14.25p cur 13.75p up 12.2% so far.
It is a tough on to call as it can go either way in the sense that the ask can increase to 15p and stall there or it could fall to 12.5p i'm swayed to the upside with the trades and the news but will hold off buying at the moment.
How many shares does this co have?