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There is evidence over the past 2 weeks that 6p is the new low for this share. Seems to be bouncing back.
C&C - thanks for sharing that. Might explain why we suddenly see spikes in the price and then fall straight back again if a buyer is nibbling at orders higher than current share price. I'm inclined to think you are correct.
YBD - I agree with that sentiment but also don't understand why there can be a huge quoted spread with all buy and sells in the middle quartile of that spread so that buys come through as sells.........really makes it difficult to work things out just by looking at the official volume figures and buy/sell ratios.
Thanks Sean , very interesting.
I was reading some news on the RR Intranet where I work yesterday and there was an article about carbon neutral flights by 2050. There was a degree of offsetting involved whereby RR would plant forests etc but of the 3 main pillars mentioned in the forward strategy, 1 of the was sustainable aviation fuel so you can officially add RR to your list of endorsees as well.
Sean83 - something I've always wondered as I think your theory is spot on.
If the pipe is say 100 miles long from Humber to Heathrow and VLS have produced a quantity of SAF (that currently is blended to a max of 50%) how do they "sort" on companies fuel out from another? Presumably the pipe will always have liquid in, so how would the customer know which fuel was SAF?
Not really relevant to the conversation but I always wondered?
Thanks for the insightful information as always!!
I'd have bet diamonds we'd have finished between 8-10p after this weeks news - just shows you can't guess Aim.
Kick not lick.
News of Shell and BA joining the party and taking up their stake is the next big news to lick this on imho.
All google quote are the spread price of last trades never the actual so never accurate......finished at 6.50p
YBD - was that google by any chance?
J2 - i think you will find its the other was round.
I think you are way off the mark there XPB. RR are cutting back on non-essential spend (ask all the employees who are getting made redundant) and its halted its development with Airbus of electric flight for now. In my opinion (im an employee btw) RR only interest is the fact it will be interchangeable with "normal" fuel - and there will be no detrimental effects of using SAF in its engines.
Maxximum23 - My team too, only seems like yesterday the Champions league games. Yes this share is infuriating week in week out but hopefully some more good news and the touchpaper will get lit!!
Maxximum23 - Welcome to the Premier League................MOT!!
Probably trying to get the PI's to sell out thinking it was dropping to 5p whilst knowing all along that one mention from Rishi will get this back to 15p and then the MM triple their money.
I have to say that there are some very interesting and thought provoking quotes written by many knowledgeable people on this chat board. I read the Capita chat too (which I also own) and that is dominating by people infighting so I find this board very refreshing - long may it continue.
Good point well made!!
And where will profit come from this year?
Someone's expecting some news soon then?
Especially as price has not dipped below 5.7p for anyone else.