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Roydon its flying high im context its still around 140-155 target price. The reality of the rights issue will meam alot will be selling off nearer 28th October, vreating a dirge of shares to be sold, market cap has increased by 200 million since RI was announced based on 130 pence, a long way to go
Casa is right to sit out the flurry however it is a great chamce to day trade.
Its only Day 2
The growth is only 6 pence above the 130 pence,
All RI usually with drop in price, and market capitilasation is low stillsafe 250 pence marks .
Im not dissimg it as im happy for increase in my holdings but recovery ia long way