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After closing trades

02 Apr 2019, 19:54

Why are there so many large after closing transactions that are done on Royal Mail shares.Just seen 4 million plus sale went through after closing and the next sale was 3p lower so are we in for a drop in the morning?


After closing trades

03 Apr 2019, 05:17

You'll always have some after closing trades with any share.

But in this case this the large numbers are I suspect mainly due to the shorters working in unison with one another and buying each other out of their short positions whilst keeping the SP artificially low.

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