BrahimHemdani 1 Posted September 30, 2014 Share Posted September 30, 2014 Can't see it being Laxey as they have just upped their stake, so my money is on R&M or Artemis cutting their losses, only other contender would seem to be Hargreave Hale. BP is a possible but they only had 4m before the recent offer so if they bought more, why sell immediately? 0 Quote Link to post Share on other sites More sharing options...
buster. 4,815 Posted September 30, 2014 Share Posted September 30, 2014 Laxey, Blue Pitch, Artemis, River & Mercantile, Hargreave Hale? Waiting for the notice.................. But who will be buying ?? ........and will the notice tell us tha actual ID ? 0 Quote Link to post Share on other sites More sharing options...
Rangersitis 0 Posted September 30, 2014 Share Posted September 30, 2014 Waiting for the notice.................. But who will be buying ?? ........and will the notice tell us tha actual ID ? As things stand, is it not just that they have been dumped on the market at 20p? 0 Quote Link to post Share on other sites More sharing options...
SteveC 150 Posted September 30, 2014 Share Posted September 30, 2014 Lets hope that they aren't being bought by the suddenly buoyant Worthington group! 0 Quote Link to post Share on other sites More sharing options...
buster. 4,815 Posted September 30, 2014 Share Posted September 30, 2014 As things stand, is it not just that they have been dumped on the market at 20p? I'm not a Financial Trading Bear but simple logic says an announced 'trade' for XXp needs a buyer aswell as a seller. I think that when announced as a 'sell' it has something to do with being traded at or closer to the 'bid' price. FTBs can confirm or otherwise............ 0 Quote Link to post Share on other sites More sharing options...
Rangersitis 0 Posted September 30, 2014 Share Posted September 30, 2014 I'm not a Financial Trading Bear but simple logic says an announced 'trade' for XXp needs a buyer aswell as a seller. I think that when announced as a 'sell' it has something to do with being traded at or closer to the 'bid' price. FTBs can confirm or otherwise............ Much of the above has me befuddled, so I shall bow to your superior knowledge. 0 Quote Link to post Share on other sites More sharing options...
buster. 4,815 Posted September 30, 2014 Share Posted September 30, 2014 Much of the above has me befuddled, so I shall bow to your superior knowledge. The way I understand it there is a bid price (BP)and an ask price (AP). If you have a look at the link you'll see presently the BP is 21p and the AP is 24p. http://www.lse.co.uk/ShareTrades.asp?shareprice=RFC&share=rangers_int If you look at the list of trades below on the same link you'll see a trade this morning at 10:36 in blue (buy) with a price used of 23.025p. ie. closer to the AP and therefore called a "buy". Whereas the large trade for over 4M shares was traded at 20p, closer to the BP and therefore a "sell" and denoted red by the LSE website. That's what my logic is although a Financial Bear might tell me that I am worse than befuddled. CAUTION: don't take the above as gospel until it were confirmed (or otherwise) by expert. 0 Quote Link to post Share on other sites More sharing options...
Rangersitis 0 Posted September 30, 2014 Share Posted September 30, 2014 The way I understand it there is a bid price (BP)and an ask price (AP). If you have a look at the link you'll see presently the BP is 21p and the AP is 24p. http://www.lse.co.uk/ShareTrades.asp?shareprice=RFC&share=rangers_int If you look at the list of trades below on the same link you'll see a trade this morning at 10:36 in blue (buy) with a price used of 23.025p. ie. closer to the AP and therefore called a "buy". Whereas the large trade for over 4M shares was traded at 20p, closer to the BP and therefore a "sell" and denoted red by the LSE website. That's what my logic is although a Financial Bear might tell me that I am worse than befuddled. CAUTION: don't take the above as gospel until it were confirmed (or otherwise) by expert. That all makes sense, so thanks. 0 Quote Link to post Share on other sites More sharing options...
MoodyBlue 0 Posted September 30, 2014 Share Posted September 30, 2014 What's our market value ? around £19m?? 0 Quote Link to post Share on other sites More sharing options...
buster. 4,815 Posted September 30, 2014 Share Posted September 30, 2014 Currently about 81M (shares) x 21p which will be about 17M ------------------------------------------------------ edit.: LSE site says 18.33M http://www.lse.co.uk/SharePrice.asp?shareprice=RFC ie. 81.48M x 22.5p 0 Quote Link to post Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.