RE: Price drop14 Jul 2020 19:06
Agingcourt,
Naive? No opinion would seem very reasonable, but this is the AIM market and the MM have total control over the SP, they have knowledge of potential buyers and sellers (limit deals) and will steer the price to close those positions, they can confuse understanding of the direction of trades by recording Buys as Sells and Sells as Buys. Their job is to create a market and make money for themselves. Transparency is not the name of the game.
I'm sure other posters could explain better but hope this helps. TOM