Weird price action going on with FWL. All bids above 5c are non rounded suggesting that it is not a retail investor and the last sale was for exactly 70,249 with no residual outstanding. I originally thought it could be Springtree trying to artificially increase the bid depth but the last sale is interesting to say the least. Have Springtree sold to themselves to try and coax retail investors above 5c or is someone trying to accumulate??? I have observed that the last 3 or 4 sales in FWL over the last few trading days have been exact bid/offer matches in non rounded amounts.
Weird to say the least!
Anyone have a point of view?
Weird price action going on with FWL. All bids above 5c are non...
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