Over paying on Ask - the cancellation24 Jun 2021 10:37
Someone mentioned the other day they thought the SP was being managed by the MMs, I also think the SP is being managed, but not by the MMs. I have mentioned this before and do not wish to come over paranoid, but this happens consistently here, on many occasions over past months the SP has been propped up by an over the ASK buy, followed by its cancellation.
Note the small buy at 55p, along with its instant cancellation.
Its good news that someone is manipulating the SP from falling further, buying time before the expected news in a few days.
Its a warning usually if found out , which happened to me a while ago.