Today's 4.83% SP dip on modest volume of 20.5k units was not the highlight of trading.
Instead, the highlight was this: Of the 54 trades, some 34 trades - more than 60% - consisted of fewer than 50 shares. The most commonly traded parcel was 11 units. Each of these parcels had a value of about $50.
As tukebay notes, PO3's chairman Steve Morris and executive director Simon Lill have backgrounds in stock broking.
I wonder what they - and BP - make of the orchestrated influences creating a Mickey Mouse tone to the PO3 market.
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