The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
We were close to 10p on the offer towards the close. Someone was happy to off load quite few shares at 8.88p but by 4pm the limit orders had been filled and the MM Wins was the next offer at 9.5. A few more buys may have seen a gap up to 10p.
Auson, I don’t think MM’s deal with orders that size. But a block house broker will take an order for very large quantities and look to satisfy it over a few months by either continually buying up or selling in small quantities as to not distress the market.
p777, there was an order on the offer for 98,000 shares at 9.98p.
Been there for a few days but disappeared about 5 minutes before close.
I personally think there is a big buyer accumulating what they can without causing a stir.
Also the bid prices are what other traders /MM's are willing to buy at so you can only put a limit order to buy at just above the bid and hope it get filled with price movement later.
If you want to buy now you will have to pay towards the offer price.
Offer Prices
9.98 344 08:05
9.98 84,164 10:10
10 50,000 WINS 07:56
10.5 50,000 SCAP 07:53
10.5 50,000 MREX 07:55
10.5 50,000 ARDA 07:58
11 50,000 SING 07:50
11.06 50,000 CANA 09:15
11.06 50,000 PEEL 10:00
11.4 1,000 07:51
12 40,000 05:00
Bid Prices
10:00 2,864 9.16
09:14 36,800 9.15
07:51 10,000 9.05
08:02 5,000 8.51
08:05 10,000 8.51
07:55 MREX 50,000 8.5
07:56 WINS 50,000 8.5
07:58 ARDA 50,000 8.5
09:15 CANA 50,000 8.07
10:00 PEEL 50,000 8.07
07:50 SING 50,000 8
07:51 1,000 8
07:50 50,000 7.85
05:00 250,000 7.8
07:53 SCAP 50,000 7.51
Paul, was it yourself that had witten to their MP regards funding for Sea Lion? Did you get response?
I emailed my MP (Jon Ashworth). His team have sent a letter to Kwasi Kwarteng asking of my request for UKEF to support Sea Lion, will forward the response once received.