RE: Twitter Post13 Apr 2025 10:30
All speculation Laura2022,
But lets look at the facts, from what you've said happened ie easily being able to buy £10 - 15K's worth at the low price to then not being able to buy at all !
If you look at all of the trades listed since the 1,375,473 trade went public & you were asking for quotes....
11-Apr-25 15:11:31 1.38 72,464 Buy* 1.10 1.40 1,000 O
11-Apr-25 14:53:03 1.20 31,253 Buy* 1.00 1.20 375.04 O
11-Apr-25 14:41:46 1.20 40,000 Buy* 1.00 1.20 480.00 O
11-Apr-25 14:40:58 1.189 50,000 Buy* 1.00 1.10 594.50 O
11-Apr-25 14:33:01 1.10 181,455 Buy* 1.00 1.10 1,996 O
11-Apr-25 14:26:43 1.094 30,000 Buy* 1.00 1.10 328.20 O
11-Apr-25 14:02:33 1.094 90,539 Buy* 1.00 1.10 990.50 O
There isn't even 6K of total purchases (5K if you exclude the 1.38p trade)
So not even half (or 1/3 if you use the £15K quotes) of the stock you were being quoted for has shown up visibly, it might be even less than that if you were still getting the same quotes after any of those 6 trades occurred.
So where did it go ?
Perhaps there are some delayed trades that took place that we've still to see in public or someone took out a spreadbet, those would be the only 2 logical conclusions that I can think of as to why it went from plenty stock to buy to being a scramble for it.
Maybe you have some other thoughts?
The timing of the Lombard discloser on Monday might be key, those in before its produced will likely get set anyone after it might be scrambling for stock, or it might come out pre 8AM.
Could be an interesting Monday .....
LOTM