RE: Ridiculous spread1 Feb 2020 22:26
Mr B: The spread is, as you say, ridiculous. It seems the MMs have fixed the Bid price artificially low to deter sellers who may think they deserve more for having held the shares, and the Ask price is high to deter buyers. Reasons ?? I cannot find one can you ? Just perhaps, this is a guess, the aim is to reduce trades in these shares ?? WHY, Oh WHY. This company seemed to be producing a vital medical device when i Joined, am still there hoping for a change of fortune, maybe Brexit ----- Yours, Max.