Quote:
Originally Posted by AlexanderHanff
Yes but each time it rises, it rises less, and each time it falls, it falls more
Next week expect the price to hit another record low.
Alexander Hanff
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Looking at this week's trades on iii, there appear to have been several Buys above the Ask Price for relatively small blocks. For example, today at 09:42:40, iii is showing a Buy of 500 shares at 11.00 against an Ask Price of 10.75.
My understanding of how share trading works dates from the late 1980s and is now probably a bit rusty and may not apply to AIM. However, I thought that as long as a trade was within Size then it would take place within Spread. And I would have thought that 500 shares would be within Size for PHRM.L.
Can anyone here enlighten me?