something's going on...

3 things of note...

1) VSM noted noted these after market delayed trades from the 8th

10,000,000 at 4,61p
2,500,000 at 4.55p

Check www.lse.co.uk for yourself

Then a follow-up comment on the iii board from a poster who (apparently) used to work as a market maker in the UK -

Vsm, i am not suprised to see those trades appear and infact i think there are more to come, i think it explains the tight control we have seen on the shareprice as these and other orders are being filled. As i said a few days back range WOULD be on the radar of fund managers so would expect at least the 10M buy to be at least part of one of those orders. Trades have to be reported within 72 hours but there is a sub-clause to that which is the 72 hours can begin from the execution of the first part of the order!

2) Clear cup and handle formation visible on 3 month chart

3) London trades were going through in the late PM above the quoted ask price. Ask was held at 4.75 and 5 trades (albeit small trades) went through at 4.8. 5 buys above the ask is not an ordinary trading behavior.

A few thing out of the ordinary went on today, make of it then you will....I decided to buy a little more..