Trading Summary - November 24. - Excellent progress

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AJH92
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Trading Summary - November 24.

- Excellent progress today towards getting the .0003s up again.

- Opened with 416M on ask at .0002 - peak later was 455M.

- Several large buys on the ask at .0002 in the 50M > 100M per second range got the .0003s back up with only 428M there.

- That is only 27M more than the 401M last time - despite 500M+ traded at .0002 at that point..

- This shows a lot of the previous ask at .0003 was probably old convertible debt that has since been sold by at walked down .0002 ask or by bid whacking .0001.

- The ask was walked down to .0002 again with 193M left at the close.

- Just prior to the close there were 2 x 50M bid whacks at .0001 but the buyer did not add them to the ask.

- The bid at .0001 was also increased to 2.82B at .0001 by the close.

- A trader with a large following of 81K+ on X stated he got in at .0002 today. He is well known for buying the next ask as well to get his choices moving.

- Overall, 745M traded today of which the majority 645M was buys on the ask at .0002.

- We might well see .0003s started again tomorrow - especially if people who have not got filled at .0001 buy .0002s before they are gone.

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