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nigel_man - Thu, 29 Dec 05 :

It will be interesting to see what price increments the MM's adopt once consolidation has gone through. Currently the price has tended to move up or down in .01p movements eg. 0.24, 0.25, 0.26. (apart from the catastrophic falls that is :-).

I would think that after consolidation the MM's are unlikely to move it by 1p at a time, as the pattern looking at other stocks around that level, seems to be .25p increments either way as demand rises or falls.

This means that it could take a lot longer than expected for the price to recover to pre-placing levels once consolidation has gone through.


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