View Single Post
Old 18-07-2008, 19:29   #12182
fidbod
Inactive
 
Join Date: Apr 2008
Location: South of the River
Posts: 46
fidbod is on a distinguished roadfidbod is on a distinguished road
Re: Virgin Media Phorm Webwise Adverts [Updated: See Post No. 1, 77, 102 & 797]

Quote:
Originally Posted by Portly_Giraffe View Post
Yes, of course, I should have realised that it's an orderbook process and not one based on market makers. So I assume that deals may happen outside spread when liquidity is low (inevitable in somewhere like AIM) and the share price is moving fast.

I suppose the question I would ask is whether the share price was moving fast enough to justify a premium of 25p/share over the Ask Price on a block of 500 shares (so £125). Or similarly on other Buys above the Ask Price. Do other AIM-listed companies' share prices exhibit similar behaviour?
I am most concerned by the market price. Seems that kent's backers think he is still viable just significantly less cash generative.

That's my reading of the stock price anyhow's.

from a legal perspective you can argue Phorm in many ways. In principle I think it is wrong! ans should be defeated on as many perspectives as possible.

we need to remove the viabilty of the business model. What happened to the idea of caller deposit receipts and charging for copywright usage. Was the idea proved unfeasible?
fidbod is offline