TP, I agree. UBS are almost certainly buying on behalf of a...

TP,

I agree. UBS are almost certainly buying on behalf of a client. The case relates to a specific date range which is long past.

The thing I wanted to highlight was the activity of a large player and the fact that the clients of the retail brokers are selling into them. I noticed a 300k buy order appear at .255 about 10:28. Not sure if this is connected but it certainly appears someone is active at this level. Based on history, the SP should be dribbling down by now and this is not happening.

If UBS were buying yesterday (as I said, we have to wait to find out) they have taken out over 5m shares in 4 days this week and seem to be continuing today. This is not an insignificant volume.