Menu
Close

Level 2

lse:gkp

#1

Last night the Market Cap closed the day @ £473,482,888.

£473,482,888 ÷ 220,699,746 (Shares in Circulation) = 214p per share

If the Buy Back had not been undertaken, then common sense dictates the following price per share would be the result IMO

£473,482,888 ÷ 229,429,566 (Shares in Circulation) = 206p per share


#2

From earlier.

“15,000 @ 213, 210, 209 & 205p on the Bid = 60,000
2 x 30,000 @ 227, 231 & 235p (180,000) 40,000 @ 245p, 12,000 @ 249p and 50,000 @ 250 & 260 on the Ask = 332,000”

The above weights that sit on the Bid and Ask have not arrived accidently or automatically, but have been purposely placed there by human interaction
The humans that have placed the weights on the Book have a reason for placing them on the Book, and looking round at several other Oil Stocks there are similar Bid Ask weight balances on their Books, some lighter than others some heavier.

IMO there can be several reasons for light to heavier Bid Ask weights being on the Books
a) to ensure that the Stocks follow the general FTSE Market trend
b) to push a Stock in a direction that enables Shares to be gained or Sold.
c) to cause Buy Liquidity or cause Sell Liquidity.
d) to cause traders to Sell or Buy a Stock
e) to signal the Liquidity Suppliers to Buy or Supply

Spread 214.5----215.5 . . . Mid 215p


#3

The Ask Weights have gained the upper hand.

Close . . . . 214.00
Open . . . . 214.00
High . . . . .217.00 . . . . . 08.22.36 . . AT
Low . . . . . 210.3395 . . .10.00.51 . . OT
MD Auc . . 1,820 @ 213p

Full
157,561-----461,249
30----42

LSE Vols . . . . 242,631 . . . 125 trades
AT trades . . . 75
OT trades . . . 50

Spread 212-----213 . . . Mid 212.5p


#4

Brent Crude . . . $59.12 . (+0.88) . (+1.51%) . . . (15mins delayed)

FTSE 100 . . . 7,179.39 . (+36.24) . (+0.53%)

Brent & FTSE are up and GKP are down which to my way of thinking indicates someone is Buying :face_with_raised_eyebrow: