This is due a good run Brent crude up and some saying will rise to $60/barrel shortly. I bought at >£3 in june and still holding, did sell 33% monday on rise as thought rise was going to be short lived . Will hold now as recovery isn't far away, might even add to average down.
I think RR undervalued the RI massively and was based on covid being on the agenda for some time, now with light at end of the tunnel their financial management team egg on face IMO.
139million traded yesterday first time in a very very long time, unprecedented. Shorters had c140m in shorter %, wonder how this has changed post 10/11
Im slightly confused in that RI comes to market tomorrow and yet i have a price in my trading app of 94p which is considerable increase on purchase price. I presume the price is based on those that sold out rather than taking up their entitlement?
ive bought the Rights but cannot trade them. Broker had strange way of showing them in the portfolio, yes only shoed the ir sell value and not bought value and now today no sell value but bought value. Most odd
Another positive is mass regional testing. i must admit i think the approach is wrong in that it it not mandatory. It should be like a referendum in that at a certain pre determined time of the week everyone is tested and await the results .
The positive is that this upbeat news has given GREAT insight into the potential certain stocks have when things turn around, and investors should study the the big risers from today!