Buy @ $4.84, $4.82, $4.81
I was expecting at least a 5ct – 10ct jump from yesterday's close of $4.80 due to the unexpected Special Div of 5ct. So, what I did was to do a Jump-Q to buy at $4.84 at 9am matching. However, it proceeded to drop to a low of $4.80… When it stabilised, I bought more at $4.82 and left some in Q @ $4.81, which was partially done.
It'd appear that the big seller, which had been selling since the last week of April is still around. Fortunately, there were also buyers around and it finally closed @ $4.83. I'm expecting prices to stay suppressed till the seller(s) are done with their job. From ft.com, there're 10 funds holding 1.9Mil to 22.25Mil shares each. But, as it's less than 5%, we'll not be able to immediately find out who's the culprit… 😀