I've noticed that sometime the spread on this stock is very large in the morning and usually over 5% but that it drops considerably by the late morning/Early afternoon. I assume that this is in part due to the fact that there is only one broker. I thought it worth pointing this out as it may be useful information for anybody considering buying this stock.
Nick
Large swings in bid-ask spreads are quite common with small/micro capitalisation stocks due to the lack of buyers and sellers in the market (liquidity), so this is to be expected.
I noticed Air Partner undertook a share split in January at 5:1, reducing the share price from £5 to £1 each. This has greatly increased the number of shares in free float and helped reduce the bid-ask spread.
Ben
