Mondo buys or sells25 Nov 2013 15:43
If you are referring to trades recorded on this board. The reason many trades come through incorrectly is: lse works out the mid point of bid and ask. Currently (.23+.25)/2=0.24. It assumes (rightly or wrongly) that every trade below mid pt is sell and every thing above is buy. It appears not to know the true type of trade (buy or sell). If the trade is spot on the mid pt it often identifies in grey, though today there seem to be some trades on mid pt which are sells. As you bought below the mid pt. lse identified as sell.
What I cant get my head around is, for every seller, at any price there must be a buyer. This I guess could be MM. If true, what are the MMs going to do with all the shares they are accumulating? Would anyone explain this to me, please
I sold half my smallish holding a couple of weeks ago at a loss. Starting to worry about the other half. I was giving Ope another year to improve, but do they have that long?