close to 2.30 Those two purchases last night have pushed brokers selling price for 100,000 parcels upto 2.40 However this means sellers don't need to accept 2p for their shares as broker now a buyer close to 2.15
Possibly the mm's have been walking the price down to cover this purchase. Certainly there is no known justification for this decline in the price. Wish I had held off buying more at 270.....
the 2.10 looks unnecessary. Maybe the holder just gave an 'at best' order to his broker and allowed himself to get screwed. The lower it goes the more it looks like a good buy not a goodbye.
Good question JL. LSE is not a broker. It gets its price info from Digital Look (part of Web Financial) and NB trader (part of the Net Builder Holdings Group). LSE accepts no responsibility for the accuracy of any prices or trades shown. Unless it's a Footsie 100 company the spreads shown will always be wide.
is realistically nothing like what LSE is reporting, in fact it is one of the narrowest I have seen recently. Broker quoting 55.99 to sell and 54.55 to buy
It certainly explains why the share price has not tanked in the face of some largish selling. My broker quoting 2.68 to sell unchanged from yesterday. He is a buyer at 2.46