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CockneyRebel - Thu, 02 Jan 03 :

looks like a cross trade - I can't see how they can both be sells and not have hit the price. Or are Merills after even more having moved the bid up to 100p a few days ago?

My guess would be a fund to fund trade at the same price, the balance picked up by the mm's - hence being ably to fill that 26K buy this am without moving the price up.

I can't see there is any way the mm's would take nearly 2% of a company in an illiquid stock just 3 weeks prior to results unless they had a ready buyer - and pay 0.5p premium - unless they know the results will be excellent.

CR


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