Member Info for NAV_Mike

1.36m shares at a sizeable premium to the closing offer price

Someone wanted shares in a hurry!

Anyone watch the auection? Lots of buy orders or 1 or 2 large ones?

Monday morning....seems to be following same pattern

No news, so bored holders sell up/take profits. Eventually MMs will drop bid, shortly followed by the offer. Hi ho....Wish investment timeframes were longer than the apparent couple of weeks many people will hold for

Its been walked down because a constant stream of profit takers have allowed them to.

All the MMs have to do is continuously makes things look a littlw worse, and a few more sells will appear. Practically no buying interest since before lunch

Great day for MMs to balance up their books unfortunately

Fair enough, I dont disagree really

Trouble is, the initial very low number of sells increases as the MMs drop the bid then offer. Its being walked down, but sellers are giving MMs the ammunmition to do it

......of bored sellers/traders exiting first thing and giving MMs a reason to set a negative tone. If only peope could sit on their hands and be patient lol

Its hard not to speculate that the sudden spikes in price/volume weve seen are enginered somehow to give RF a good price on shares they want to dump

No matter.... its been a very good few weeks

Well the article says they should be starting the sale process next month, so unless they are incredibly slow lol, I would think the WFT will form part of the all-important calculatios (as will an almost-certain labour govt)

Hopefully the WFT will drive the pice down, but the devil will be in the detail

Edit...should have waited 10mins before typing

More sells just appeared

Trouble is its downwards....

A sale of 20k drops the price, but a purchase of 30k doesnt move it back up...sigh. Delayed trade to come?

Feel sorry for management. They deliver on promises, get new licences, yet still sentiment is in the toilet

Actual bid price is only 0.4 lower than just before yesterdays close, so down 1.7p is misleading

Dunno about manipulation but MMs so seem to keen to suggest a bigger drop than actual this morning

37-39 headline when you can actually sell for 38.02

Having said that you can also buy for 38 so obviously not normal at the moment

Edit - didnt last now 38.6 to buy

I wonder how many of the HNWIs who participated at 10p have been taking 300%ish profits?

Or perhaps they were 'tipped' quietly to hold for bigger gains

Well you can buy at 42p currently, so i guess the headline spread is about to drop

42bid got the sellers a bit excied first thing

I think they used the hoo-hah around 40p to dump all or a sizeable part of their remaining holding.

We may never know as I dont think anyones obliged to report a nil holding

I have a feeling RF have dumped their remaining shares today

Firstly you could buy at the bid price when the price was 39, now tthe same at 38

MMs have suddenly got stock from somewhere.....and want to shift it

You can now buy at bid price 39p

I think theyve fried the brains of their quote systems as I currently cant buy or sell with IG or AJ Bells

Momentum temporarily stalled.....you can now buy in reasonable size at 39.2p when the quote is supposedly 39-40

Im sure MMs having a few problems balancing their books currently lol.

I wouldnt mind a little pause around 40 as it would reduce the 'spikiness' of this upmove

Actual price to sell with 60 seconds to go was 36.5p. (No not me that traded at that price)

There seem to be people out there determined to sell this down after news....

We get best KPIs in ages and get sold down below 5p again - unbelievable!

Newsflow has to be regular and not just KPIs every 3 months else this will be like wading theough treacle

Definite follow through from last week. Currently at the closing high from the last up move

Was very interesting that for the last 20 mins of trading with the 'visible' spread at 27-29, I was being quoted 28.9 to sell with AJBells (final quote was at 28.8p)

Such a difference between actual and visble bid is unusual....any theories on what Mms were up to?