Sunday, January 14, 2007

City Share Price Movements (Week Ending 12.1.07)

This is the weekly article charting Manchester City Plc's share price movements during the last week. The price doesn't usually move very much and not many shares are usually traded, so you can pick up here at the end of each week our summary of the week gone by.

This past week there has been a small amount of activity in City shares but the majority of those trades have been shareholders selling shares. In particular, a sale of 27,929 shares was completed at 25p on 11 January. That is not a large amount of shares to sell but the price at which they were sold was a full 5p below the bid offer at the time, which would confirm the lack of interest in the shares at this present time.

If there continues to be no positive news over the coming weeks it is possible that the share price will continue to drift slowly back towards pre-takeover announcement levels.

This week:-
Finishing price (mid): 30p
Bid price: 28p
Offer price: 32p

Share price movement for the week:-
-3.5p

Volume:-
08/1 5,411
09/1 0
10/1 3,000
11/1 29,929
12/1 0

Total volume for the week: 38,340

All information taken from Plus Markets Group

2 Comments:

At 11:08 am, Anonymous Anonymous said...

Hi guys

in reference to the shares, wondering if you could do a newbies guide for share buying for city

as you guys need as much shares as you can get to get on the board, mite be an idea so us fans can get hold of some too

keep the faith

steve

 
At 3:17 pm, Blogger Ollie said...

Steve

We've run a few articles on this in the past but will do an updated version in the next day or so.

Best wishes

Ollie

 

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