A late RNS last Friday .... Exclusivity Period with Rosenblatt Law Limited -
RBG Holdings plc (AIM: RBGP), the legal services group, today announces that, following a request by Mr Ian Rosenblatt on Tuesday 7 January 2025, it (together with subsidiaries RBG Legal Services Limited and RBL Law Limited) have entered into an exclusivity period with Mr Rosenblatt (together with entities and individuals connected with him[1]) for the purposes of exploring a sale of the 'Rosenblatt' branded business together with certain assets owned by RBGH to Rosenblatt Law Limited ("RLL") (formerly known as AWH Acquisition Corp Corporate Limited) ( "Disposal"). The Company based its previous understanding of Mr Rosenblatt's ownership of RLL on documents filed at Companies House. The Company has now received documentary evidence that Mr Rosenblatt purchased RLL on 19 December 2024. The exclusivity period will run from 10 January 2025 to 24 January 2025, ("Exclusivity Period"), with a view to agreeing the Disposal within this period. .... more https://www.lse.co.uk/rns/RBGP/exclusivity-period-with-rosenblatt-law-limited-fhptcl8vz6peqh0.html
It seems at least MMs have tried to do so and buys are taking over, as some shareholders most likely would hope so too of a Takeover of the company, I have taken a small punt to see how it turns up.
RE: Gone under the Lower BB Band >> so BUY9 Jan 2025 10:16
Share price has gone under the Lower Bollinger Band ( buy signal they say ) Two days of panic on the market has got into the stock also, reaching a bargain price. A bounce from the lows of the day.
286p +5.50p / A very good day for the stock and following the last couple of days also rising, from the lows. the volume has gone up also lately and after the little intraday retrace is moving higher again.
BOOM is the story, Indices are down so MMs know, they want to keep the stock where it is. But the prices paid for buying and selling got very close to the point where something had to go
spread 395 v 400p
TO sell 397.15p
to BUY 398.755p
I would buy at this point, well I did a small top-up 540 to make round figures