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Share Name | Share Symbol | Market | Stock Type |
---|---|---|---|
Active Risk | ARI | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
---|---|---|---|---|
35.00 |
Top Posts |
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Posted at 30/11/2001 14:55 by bdubs I have intended commenting on the new recent high in the ARI chart but other things have diverted my attention. I could not find a reason why it shoud break through the important 312/315 level:-(1.The Railtrack situation seemed to get worse every day. (2. I read recently that big fund managers were going to sell out of shares and into bonds and gilts to the tune of I think £6bn. (3. ARI were fined £2m recently for poor services. (4. Also ARI were facing a huge - and long term - recruitment of drivers problem. The answer I thought could have been that:- (a. Some big investors thought there could be good news from Gordon Brown - unlikely. (b.Take over talks were possible again. (c. Someone knew something we didn't know. I know the saying 'Markets advance on a wall of worry' but bad news, no. I read today that FMR Corporation have built up a 6.96% interest in Arriva of over 4 million shares. Could this be the reason for the shares advancing? However today's precipitous fall - 24p as I write - is equally puzzling. Today's close will be important, especially if there is some news that may explain why the chart is looking so unpredictable. I thought it was an unexpected chance to sell recently at about 320p but now I think it's a strong sell! Has anyone got any ideas? BW. |
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