RE: Share price25 Aug 2021 15:52
I don’t see any games Sharebel…
I do see MM’s running a little scared as under threat (in this case incessant selling) then they switch to stealth mode.
They have no choice to put up their two way price on SETS as they are obligated so keep the spread wide.
On the RSP which most brokers (I know a couple who are not) use is a tighter spread but MM’s putting up a small amount of shares.
That forces buyers and sellers to go to a MM for a quote.
Nothing untoward. It allows the MM to manage his position better.
At the mo, it would seem you can only sell in 100,000 shares and leave bigger orders with a MM to work but you can buy up to 500,000 from at least one MM.
Once the selling ceases this should bounce back.