Braime Group Class A (BMT) up but wide spread and thin volume mask price move
Braime Group PLC Class A moved higher Thursday, but quotes were scattered. AJ Bell screen showed 1,300p on the sell side and 1,500p to buy, with both up 50p, or 4%, from the 1,250p close. Volume hit 839 shares. AJ Bell listed trades at 1,350p for 83 shares, 1,490p for 50, and 1,300p for 10 shares, all in early afternoon. Hargreaves Lansdown showed the same 1,300p-1,500p quote, but tracked the move as 150p, or 12.0%, on the day. That 200p spread is 14.3% of the midpoint and wider than the 150p jump shown on their screen. Whether the gain was 4% or 12% mainly depended on which part of the quote was used.