Quote:
Originally Posted by AlexanderHanff
Am I reading this right? Phorm shares took a serious beating today and closed at 12.5? Or are the iii charts being crap again (they have a habit of being very slow to catch up I have noticed).
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Looks like there was a trade of £50k, marked as a delayed publication. Google had reported it closed in the mid 1300's, but has now updated.
http://www.lse.co.uk/ShareTrades.asp...re=phorm_reg_s
Unfortunately, the volumes are still low. When we see the £million sales, we will know they are on the out.
My thoughts on this are that most of the small investors have got out now and the vast majority of stock is held by bigger bods who are more likely to play a longer game, but i'm certainly no expert.
Look out for shoreing tomorrow - £5K trades a quid above the going rate. Money straight out of Kents coffers.