Ramsdens Share Discussion Threads

[sheffieldowls] 26/2/2021 08:24

Rob the slob and deanowls WAWAW.

[basem1] 26/2/2021 08:11

Not behaving like it did yesterday Market is running scared again

[deanowls] 25/2/2021 18:32

Agree on both points sheffieldowls.

[wanttowin] 25/2/2021 16:40

Wow sheffieldowls a serious holding, thank you for taking us out of the doldrums.

[sheffieldowls] 25/2/2021 16:31

I have been surprised in recent days at the availability of shares in this company two days ago my broker told me that a market maker had one hundred thousand shares available at 1.479. I thought it was too good a deal to turn down and after the recent rise in the share price it now looks that way. I am now the proud owner of 1% of this company so I sure hope that it does as well as I anticipate and much better than my football team.

[sphere25] 25/2/2021 15:48

Whoops! My bad :-D

I have corrected it Gleach23. Thank you for pointing it out.

Need two brains to keep up with everything that is going on out there....though one would suffice most of the time!

I think we're close to breaking out here. There isn't anything to buy even at 160p now and market makers are shifting higher.

That all suggests that seller is done at these price levels. You'd have to really be asleep to have spent all day out of the market to then come back and start lobbing now.

All imo
DYOR

[gleach23] 25/2/2021 15:43

I think that update was meant for the CAR thread sphere25?!

[wanttowin] 25/2/2021 15:38

Pressure is building it does feel like we are about to pop.. I do hope so, it has been a boring long term hold for me.

[sphere25] 25/2/2021 14:11

Ah! So it was you who might have cleared out the last of the shares available at these price points :-)

If we review the trades this morning, we can see a few online rsp trades around at the 157.4p mark. Your buy of 29,809 at 158p looks like the last significant purchase online (barring any delayed prints) and the 6,000 at 157.0842 will likely be online, but ever since, it has all been negotiated trades with nothing available to buy at 157p.

LCAP have decided to wake up and relieve themselves from the offer at 157p. WNTS and BEGO are sat at 158p but again nothing available to buy at the offer online as I type and 160p being paid for 4k.

Shares can clearly become available at any point, but again, the question is where is the seller in size that was offering shares well under the offer?

All imo
DYOR

[sheffieldowls] 25/2/2021 12:56

I was able to purchase on line this morning close to thirty thousand shares at 158p via my broker so I am surprised that you found that the marker makers were not open to on line trading. My deal was done automatically without the need for my broker to phone the market maker to do the deal. I would not like to be a seller in this company at current prices.

[sphere25] 25/2/2021 12:36

So what do we reckon folks, are the market makers going to open trading to online buying here at some point today or keep it closed nearly all day without LCAP moving from the offer or others offering some shares at the current offer of 157p or even 158p?

Someone has just picked up 5k negotiated with a market maker offline but it has been closed most of the day.

Have they run out of shares (with a breakout to follow) from the seller holding this back or is the main seller having a real snoozefest of a Thursday because Wednesday night was a real Scrabble extravaganza?

All imo
DYOR

[sphere25] 24/2/2021 15:04

It is having a decent go at breaking out this with the price currently at 158p. Normally it comes back down so maybe Canaccord are nearly done, or at least carry less influence on the price now, having gone from over 10% last year down to 4.86% as at the 5th February.

Always guesswork on trades and who is participating in the market, but there appears to have been enough volume since the 5th February to suggest they could nearly be done. There is another 175k picked up at 158p this afternoon. It isn't a whopper, but still noteworthy for RFX, which can trade next to nothing on daily volumes.

Certainly teasing alot with the breakout and tempted to add. Just watching for any more decent chunks and market makers moving off 160p. Indecisive move on the breakout at present. but when the shackles do eventually come off, I suspect we could get a nice spike on very little buying. RFX is very prone to that.

Love those spikes, because it means I can sell too early into them.

Please give a slow and boring move :-)

All imo
DYOR

[mighunter] 24/2/2021 14:34

No, although looks like someone just spent a quarter of a million in a single buy at 1.58. Think this'll be the confidence coming back into the FX trade with surge in holiday bookings and end of lockdown in sight.

[death by donut] 24/2/2021 12:05

Did they feature on that 'million £ pawn ' prog last night?

[gswredland] 24/2/2021 12:04

that as well as overhang seems to have gone
Added this morning

[18bt] 24/2/2021 11:36

benefitting from the travel bounce

[sphere25] 24/2/2021 08:25

Taken a starter position this morning. As pointed out by basem1, significant demand for shares yesterday, including a 507k being mopped up. Noted above that Canaccord appear to be the main seller here holding the share back.

They had 1.5m so a significant chunk taken out of their holding yesterday. It looks like abit more buying needed to clear that 155p key chart resistance but keeping a watch for any further significant demand for shares.

All imo
DYOR

[basem1] 24/2/2021 08:12

Seller finally cleared after yesterday's 1.5m volume day

[gswredland] 16/2/2021 19:31

There must be a big overhang here
Lots of buys over past week and price continues to fall

[flyer61] 12/2/2021 10:17

This stock has to be seen on an 18 month view. The Forex is not going to come back this year. Happy to hold.

[wanttowin] 11/2/2021 13:45

Indeed, are we going to see any decent moves north ?

Been in the doldrums for nearly a year now..

So the AGM went smoothly and lots of incentive awards dished out..

Not much to be gleaned from it all really.

[basem1] 11/2/2021 13:29

Been testing the bid all week Finally 150.3 to sell after it being 147 for the last few days Our overhang is gradually clearing

[wanttowin] 10/2/2021 17:54

Any news from the AGM ?

I can't find a mention anywhere.

[mighunter] 09/2/2021 16:27

Hi Sphere, next cue could be a potential update statement ahead of AGM tomorrow. Last one from H&T across the fence was encouraging