Someone dumping shares in RIFC

[simplythebest 0]

This doesn't hugely interest me.

[lenzEK 0]

All I can make out is shares being sold at circa 0.80 pence. If they were purchased at 0.70 pence when the floatations took place then what is strange about this?

[Scott7 5,189]

Somebody bought the shares, though.

[rbr 1,247]

It means someone is selling shares at a loss and doesn't want anyone knowing about it in real time.

You don't know what price they paid for them , so it's a bit much saying they sold at a loss , with a trade of that size you have to have a buyer who is willing to buy them , in this racket the buyer is king

[forlanssister 3,050]

This doesn't hugely interest me.

 

But interesting enough that you feel you have to comment on it.

 

How much did they sell them for? Was it below the original purchase price or just below the current market value? (Can't really make it out from the OP).

 

I doubt they sold at a loss but they did sell for 75p per share when the mid-market price was 82p per share.

[forlanssister 3,050]

There were also two delayed request trades from Thursday the 7th, one of 25.000 shares at 80p and a later trade of 23,000 at 77p.

[EDGE 0]

You don't know what price they paid for them , so it's a bit much saying they sold at a loss , with a trade of that size you have to have a buyer who is willing to buy them , in this racket the buyer is king

 

Sorry, misread the OP.

[lenzEK 0]

I personally think this is a non story and there is nothing to suggest that any share was sold at lower price than the acquisition price.

[GovanAllan 0]

Somebody dumped 400,000 a couple of weeks ago, imagine the shock of people trading shares whatever next.

[The Real PapaBear 0]

Can I just point out, that if somebody sold them then somebody else bought them - and that 100k shares @ £75k is chickenfeed. If it had been ten times that amount, it *might* be mildly curious.