RE: Cracking buy25 Jul 2019 17:55
Imo it’s a transfer of shares from one party to another being done open market as it’s clearly being manipulated so the spread is within 119/121 so neither party loses out
As I say, imo only, but I have only seen this once before. Could go on for a few months however but certainly looks like something being managed here.
May well not have much of an effect on the share price (as we are clearly seeing) given it’s a simple buy/sell movement of shares cross parties, but certainly looks interesting
It wouldn’t surprise me if the transfer of shares to a partner is happening, but, as with the other stock I saw this happening on, it went on for months (which, coincidently would tie in with end of H2 partner news)
All speculation on my behalf of course
Shame I don’t have the funds to add, as I took £10k in RRE this week, as there is an easy 50% plus in that over the coming weeks imo
(Not a cross ramp but genuinely have a look, unrestricted cash more than than share price currently without the millions a month free cash flow now coming)