RE: After close buys >1.5 million5 Mar 2018 18:39
These won't be after hours buys. In fact there is no trading after hours, but usually late reported trades that happened earlier in the day. Looking at the IQE page on HL I can see three big trades, one for roughly 35000, 175000, and 515000 respectively, totalling about 725000. If they are late reported trades I suspect they may in fact be sells, as at around 16.15pm today there was a sharp drop in SP, from around the 130 mark to around 127. These trades could be the reason for that sharp drop. The prices of just under 130 and 129 that these trades were executed also suggest that they were the reason for the drop in SP, and look very likely to be sells. This could therefore be another short position opening, as they were only published after markets closed. When shorters sell, they usually have to drip feed the sales as they dont actually want to tip the market. They need to offload their shares at the best possible price, hence the reason they like to delay any reporting and hide any evidence of the trades until after hours etc. These look to me very much like a shorter selling.
Lets see what happens to the SP tomorrow.
All the best.