anyone got any ideas about the block trades that went through today?

website: http://www.sterlingenergyplc.com/



weather: www.nhc.noaa.gov/refresh/graphics_at4+shtml/084938.shtml?50wind120

The large late trades are agreed trades matching buys for the day. The buys and sells matched on Friday more or less. No one is dumpiong for example.
As many institutions will want to buy stock as those wanting to sell. My view is MORE buyers than sellers will appear as the stock issue was twice oversubscribed.
It might take a few days to get over the 18.5p level and Monday-Tuesday may be cat and mouse days. but then we could move fairly fast into the low 20's.
H.

Hectorp - I am sure we appreciate that explanation.

Thank you.

p

Do remember folks that the LSE does not report "buys" and "sells", merely trades. The Buy and Sell notation shown on this site is simply a result of comparisons against the Mid price at the time. It gives a "feel" for what is going on, but is not definitive.

FWIW, I have a bijou long puntette on SEY.

Regards to all

MM

Morning all.

Ridiculous time to be up! SWW, congratulations to you both on your 23rd wedding anniversary. I hope the chippy was good! Looking forward to the week ahead.

Morning all .

Good morning and thanks for the kind words.

This week, we can hope and expect some kind deeds.

Hope its hot this week ??

Hope so too.

Dave, retail sector seems to have lost it's sparkle lately.

Good Morning all...

SW,its the norm going in to december,next vital month january.

Looking abit suspect at bfp are you still along sw.

morning everyone. dull day in the mkt. don't tell me the xmas malaise has set in already. any gossip anywhere over the weekend?

I dropped out of BFP a long time ago.

Its holding its own today.

Bit of a drop. Nothing to worry about.

MS

naahh. just mkts a bit iffy today

PMT I expect.

MS

I see that you're all persisting with the clap-trap that the placing was twice oversubscribed. The price action does not suggest that this is the case!

hilary, did you read the CEO's comments at the EGM?

If not give it a go before you post on this bb.

I do not mind educated comments.

Give it a go!

I did, thanks SWW. Did you?