Fairview International stock rises on thin tape as spare school capacity drives valuation test
Fairview International PLC rose on Monday, but the move said more about scarcity than fresh news. The shares were shown at 7.75p, up 0.50p, or 6.9%, on Investing.com and MarketScreener, while Hargreaves Lansdown showed a 7.25p sell quote and 8.25p buy quote, a 1p spread equal to about 12.9% of the mid price. That spread matters. Hargreaves Lansdown showed no volume in its key metrics, Investing.com also showed volume as “-”, and the latter put three-month average volume at 5,000 shares. At Monday’s 7.75p quote, that average day is less than £400 of stock.