Big Trade7 Jun 2014 08:56
So we now all know the mechanics of how this sp got hammered this week. That 500,000 Sell equates, by itself, to about 10 times the daily average total trades over the life of this on aim, indeed the last 3 months have averaged 41k(according to MoneyAm).
Who dunnit? Why? This figure represents 2.15% of the company so it will quite possible trigger a Holdings RNS. Good job the company did not release a 'We know no reason.....' Rns or they would have been left with egg on their face. Perhaps they did know, perhaps it was a sale very close to home?
Anyway, I'm Up on this share - impossible, I hear you say. Well my sale @ £1.29 in March helped! Current holding down of course, back in @ 86p. This share has got some more explaining to do - see you next week.
Placing theory - still in 'place' or now in tatters?