RE: Can't get a quote to buy9 Apr 2024 12:50
So today, we have 42 trades so far, totalling around £120,000. Only £12.5K (5 of 42) are sells.
The 37 buys total well over £100K, with several 100,000 share purchases.
And the MM's do what to the share price? Ah yes, drop it 0.25p.
It seems £100K of sells drops the price 10% but £100K of buys, also drops the share price, just by 2.8%.
Nope. I can't see the logic in it either. Roll on the better exchanges like NSE and JSE, then eventually LSE.