RE: Trades14 Jun 2025 09:47
True! The fact they didn’t might point the other way, ie they suspect news is coming that could drop the price and didn’t want to have bought inventory at a higher price. But if that were the case, you’d have thought they would have been happy to sell everything they’ve got rather than go NT for much of the day.
It’s all very confusing. But whatever, they were very carefully managing the book yesterday to try, I think, to ensure they didn’t end up on the wrong side of news, whatever news might be. Maybe it just reflects uncertainty on their part?