RE: Dividends30 Jul 2020 12:58
>So I’m trying to understand where this is currently at and whether that is driving the share price it
I dont think any of this is about fundamentals including customer P&L etc. On such low volume it is in the hands of the traders and those using borrowed shares to bring the price down. We are currently sat in a trading range circa 1143 - 1300
Even today there is an order of 10,000, to sell, being moved around the book, circa 1200, being used as resistance to control the stock under that price point (i.e its 15% of todays SETS volume in one SELL order that traders can see and it wont break through unless a large buy orders comes in - so everyone works under it in small batches)