Member Info for Omerta

.....who may have an idea as to why the recent weakness in the price? Hardly a high Beta stock I know, and tends to move gently with markets. I thought the post Brexit fears re. commercial property had settled down and,in any case, were unfounded along with most other "Expert" assessments. With thanks

Stop loss is on a 'best endeavours' basis when push comes to shove. Institutions deal in Size so they adopt other methods to sell out of a position.

OMG!! thank you for such a comprehensive reply. Much appreciated. As a retired broker I am ashamed to say that I've never come across this system before. In my opinion all avenues of prediction are worthy of exploration....so that's my W/e's homework sorted.! I was very much involved in this stock back from 2006 when Booth Ind became RHL. That was the old adage "follow the man" (and a lot of old fashioned research) It turned out to be a 10 bagger over the next few years. Recently RHL has been a basket case......but things seem to be about to change. Good luck with your investment and Thanks again.

BFFM >>> new to this terminology and would be grateful if you could explain what "500 code" gap means. Thanks

Am told they are sales. Currently only 1mm on the bid & two on the offer, the other 3 don't want to play. so they are not 'bidding-up' for stock. A political hot potato so the Spec is in the price until the ink is dry. Fully valued without that all important signature IMO. GL

Otago.....just seen your Post, many thanks

Otago ...which broker is making that forecast pls. Thanks

Brokers best estimates are of reorganisation resulting in earnings to 0.5p in 2017. So fully valued at present I would suggest. The company's fortunes could, of course, change dramatically for the better in coming years should they succeed in landing contracts for Hinkley et al. The significant rise in the share price thus far in Sept. takes account of those prospects and any further short term increase will probably come from some "tipster". These things take time and IMO there is little SANE reason to expect the price to be 20p during 2016. Unless they announce a life changing order for the company before New Years Day. GL

Of the 7 MM's only one is currently on the Bid....suggesting they may go better. The 300/- @ 16.39pm was in all probability the mm's unwinding positions ..... this tends to happen three times a day at 11am/early afternoon/at the close. Activity, of course, play a part.

Look back a decade and see how the Nuclear "bug" caught the Markets imagination. Times were different, of course, and the then management had only started to engage in the nuclear arena but the general story (as it affects RHL) is very similar. I'm getting that old familiar feeling.!

Otago......I was heavily involved in RHL in 2006. Starting off as Booth Ind. the new management moved the group forward in a major way. I believe the stock moved higher by some 596% during 12/18 months to a high of approx. £4. Happy days !!

Exactly what you would expect I suggest. As "brokers" they will have quite a few happy clients with their recent purchases of stock. A very healthy % gain to be locked in.

2117/18 The picture has now changed from a modest recovery situation to one with greater potential. A speculative buy and HOLD when the price settles down imho

Shares do not go up in a straight line. Consolidation at this level would be healthier for the medium term.

Recovery on the way. However doubt it will stay independent in the medium term.