For Clarity23 Feb 2019 14:53
The larger late trades posted yesterday from 21/02/19 are as follows.
The 10:53, 1 Million sell and the 11.07 1,322,917 sell, fill the buy order for the 11.10 2,996,000 Buy.
The big buy order is what accelerated the SP to circa 25% that day, assisted by various day traders jumping onboard as the volume went berserk.
The pull back is always inevitable after day traders cash in and leave the less experienced stranded, in this case around 4p as the SP falls away as they sell out.
However, imo there’s nothing to be concerned about, retracment is normal and longer term investors use the pull back to increase their holdings.
Folk should be confident that buyers are here plopping in over £100K at above today’s price, and with the IPO at 4.5p it is currently sitting in bargain territory.