React Share Discussion Threads

[vikingben] 31/7/2023 13:56

We had the same volumes, early May this year, institutional buying, that is why Singer wants our shares at current price range, order(s) to fill at this level

[effortless cool] 31/7/2023 12:58

I'm getting quoted for 9m shares at 1.40p.

I've never seen that sort of volume tradable before.

[vikingben] 31/7/2023 12:43

Singer is looking for more of our shares, I have been able to sell my entire holding for at least a week.
Currently I can get 1.6p for 1 million and 1.445p for 2.5 million and 1.4p above.
I have a buy order in, but can’t see me succeeding with the institutional buying at th moment.
GLA

[vikingben] 28/7/2023 18:11

rivaldo, can you please update the list of share holders above 3%.
Thank you

[evoque92] 28/7/2023 17:37

He used to work at gresham

[evoque92] 28/7/2023 17:34

And another one just now - note they are activists

[rivaldo] 28/7/2023 15:13

Yep, great to see Dowgate buying another 11m shares, and now up to 6.98%:

[gbenson1] 28/7/2023 14:58

Especially at this price almost the year high, it had been as low as 0.8p in Nov 22, we need to push thro 1.6p soon..

[gipps] 28/7/2023 14:50

Dowgate wealth increasing their stake must be incouraging

[rivaldo] 27/7/2023 11:05

REAT's recent Mello presentation isn't on YouTube, but I found the video here - just scroll down from Paul Scott's intro paragraph, and listen from around 2 hours in:



Management sound extremely confident to say the least. Immediately afterwards, at around 2 hours 40 minutes, is Christopher Mills' presentation when he also talks about his investment in REAT.

[davidosh] 23/7/2023 22:59

In fairness to Chris Mills he was not on Mello to promote React and it was a presentation about his strategy and the North Atlantic Smaller Company Investment Trust and React is a holding within their funds.

I think you need to take into account that React did a presentation during the show too and had decent results recently so the share price following the show will have been influenced as much by that.

The fund has has recently announced increases and decreases in their holdings therefore effectively gone back to the same size holding it had before Mello….maybe the fund wanted to trade some when they saw demand from investors after the show and help with liquidity as it was certainly squeezed upward by 20% this week.

If they had sold a significant part of their holding and changed their view of the company that would be different and I would be concerned as a shareholder in React.

As they still retain the same level of holding as before the Mello show I do not think there is a need for concern.

[jeanesy] 23/7/2023 09:30

I would say so ! Is that allowed ?

[graham1ty] 22/7/2023 18:58

Chris Mills talks positively at MELLO on Monday. Share price rises.

Friday Harwood and Chris Mills RNS that they have sold 1.2%. Dodgy or what ?

[rivaldo] 20/7/2023 10:07

Last night's RNS is also worth noting - Dowgate Wealth via Onward Opportunities Ltd have appeared from nowhere with 5.89%, or 62,276,700 shares:



They don't appear on REAT's most recent major shareholder list over 3% at all as at 15th May, so must have been buying steadily since then alongside Harwood Capital:

[rivaldo] 20/7/2023 09:45

A nice 7.5m share trade at 1.5p just reported - I assume a buy from earlier. Maybe Christopher Mills/Harwood buying again?

[davidosh] 19/7/2023 11:45

vikingben....The whole library of shows including the show yesterday and on Monday evening are available to annual pass holders.

The annual pass to November is on special offer at present...

For a LIMITED TIME ONLY you can get 70% OFF our Nov-Oct 2023 Annual Pass and receive access to all our shows until November this year as well as exclusive partner discounts! Use code NOVAP70

[vikingben] 19/7/2023 09:49

Davidosh, how do I get to the above on YouTube? Or do I need a subscription?

[rivaldo] 19/7/2023 09:07

Great to see the share price starting to climb again - but with 0.169p EPS forecast to 30th September this year the P/E still remains only 8.4.

The combination of Christopher Mills/Harwood's buying and the Mello presentation is doing the trick nicely.

Cheers davidosh (and thanks for asking the question! Understandable given the change in priorities to high recurring income)) - the presentation doesn't appear to be up on Youtube yet. Do you have a link in case I've missed it?

[davidosh] 18/7/2023 12:02

The show should be available on You Tube later today

[davidosh] 18/7/2023 11:58

It clearly went well last night on the Mello show and Christopher Mills also mentioned React.

I asked about the potential for asbestos work and they said there was too much competition and costly insurance for such work so not a priority

[ged5] 17/7/2023 14:28

Thanks Rivaldo.

Perhaps that's another reason why Harwood Capital have added another 11.5 million.

[jeanesy] 15/7/2023 09:13

And anothe r10 million yesterday. It would be nice to find out what they are all about.

[davidosh] 14/7/2023 15:05

Do any of you have questions you would like me to ask if unable to attend?

[davidosh] 13/7/2023 21:12

Christopher Mills who is a fund manager and has a significant holding in React will also be presenting in the Mello show next Monday so no doubt there will be a double mention. Starts from 5pm on Monday 17th July 2023.

If you are shareholders then you can attend for free using this code SHR100