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Some of the hopers are talking about devious shenanigans when the price drops. So typical of some on these board who need this to be valued in the billions. Just let it ride out until the RNS rather than stating ridiculous conspiracy theories. Its been on a good run with a little check today
There was a 300k trade reported late today timed at 15:28 for 38.18p, looks like a sell.
Math that sits well with my estimates earlier this week of 250k ish sold Monday and Tuesday, possibly a few more. I think 300k tomorrow and Friday the final 100k or so to round off. Perhaps then an RNS of progress late Friday or early Monday.
-May-24 17:07:54 39.70 14,000 Unknown* 5,558
Laz and £5.5k buy at 39.7p
So we have an after hours U/T at 39.70p.
It will be interesting to see if we kick on from there or the mms use it to show another red day.
The 330k was definitely an RF trade (or a good imitation) It's been worked at all day. Then to their surprise a lot of late buying activity may have prompted a second RF trade - but this would be unusual for their normal mode of operation - report one trade near the end of the day.
I suspect we will see a similar but smaller large trade at around mid-day tomorrow. If it's exctly 305k, then I am confident this will be the last of RF. Otherwise, who knows????
Aber, I would rather a brilliant RNS from a higher SP base. 50/60p would be better than 40p as a springboard.
Steve NT I would not advice anyone to use it to sell or buy first and only time I used felt like I had been taken for a sucker
Gla
Some naughty tricks going on to get these big buys through IMO...
Thank you
Negotiated trade.
Forgive my ignorance but what is N/T
Wednesday is often a rubbish day on the market, lol.
Technical observation that is 😁
Despite modern tech including AI, being more than capable of identifying a buy v a sell, the LSE which feeds ad**n and this place, still prefers to use the mid price as the determining factor, which is often misleading.
As the LSE despises the retail investor with a vengeance, the current archaic system will stay.
Still a fair few selling at these levels .... Thursday has been the most popular RNS day for SAR in the past ... fingers crossed !!!
Smoke and mirrors was an apt thread title. I suspect that the mm's have been balancing the books today and preventing traders from making easy money as they have done in the past few days. Who knows! Only they do.
Laz - I don’t get it either, yesterday there was more sells than buys and the price went up!!!
I agree HBD - no obligation whatsoever. Current sp is being suppressed and the mm's taking the price down on very low volume. Bailiff may well be correct and there is a large buy being filled. Whatever the situation the handbrake will have to be released soon.
Buys, sells, unless you're a trader it doesn't matter one jot. In a couple of days no-one will remember the trades anyway, so for an ordinary investor it's irrelevant. All that matters is where the spread is now, & where it is going forward. Pointless looking over your shoulder.
Hi BrokerMan - I doubt we'll get any confirmation that RF are fully out as there is no obligation for them to report a nil holding as far as I'm aware.
I do feel RF are fully sold out now, saw two large reported sells from yesterday. Once we get confirmation of them out, this will move back to 50p+ levels before RF even got involved!
I guess they’re trying to fill a large buy order around 40p
Obviously I am not letting them have them!!!
Just did a dummy sell and they were offering to take 51,000 shares at 39.85
By the way with ii.