OpalSky
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Can anyone explain the relatively frequent 'extreme' intra-day price variations (5-6% or ~25p) we see in REX ?
Seems to have started back in Q4 2003, but every 4-8 wks or so the price spikes up or down by 15-25p over the course of a day (REX is at £4.58 at the mo).
Could maybe understand if it was over a few months whilst uncertainty about results/takeovers/management etc was going on, but it seems to have been going on for some time. Any clues?
Seems to have started back in Q4 2003, but every 4-8 wks or so the price spikes up or down by 15-25p over the course of a day (REX is at £4.58 at the mo).
Could maybe understand if it was over a few months whilst uncertainty about results/takeovers/management etc was going on, but it seems to have been going on for some time. Any clues?
