Renewi Share Discussion Threads

[itsnotmeitsy0u] 22/5/2020 12:00

looking at the trading patterns, I reckon this will close in the 19 - 20p range today

[itsnotmeitsy0u] 22/5/2020 09:25

lol should have sold and bought back cheaper

[dplewis1] 22/5/2020 08:26

Yeah not a bad start considering ftse down 2%. Let's hope it holds!

[itsnotmeitsy0u] 22/5/2020 08:10

being offered full bid for 100k shares - holding up well

[outsizeclothes.com] 21/5/2020 14:36

I'm coming off the fence. Just bought 100k @ 18.98, but it took that to get them.

[gregsc] 21/5/2020 12:32

not long now to 4 June

[catch007] 21/5/2020 12:01

I added 6k at 18.05p yesterday to average down yet again. I will leave RWI alone and sit on my hands hoping for a recovery.

[dplewis1] 21/5/2020 11:39

Not these days as I don't so that job anymore, but yes I was an 'algorithmic sales trader' and used to trade for hedge funds

[itsnotmeitsy0u] 21/5/2020 11:27

aah ok.do you trade on algos yourself?

[dplewis1] 21/5/2020 11:24

There are plenty of LSE bids above the 18p 500k, but doesn't seem to be an aggressive algo. When I was a sales trader I'd quite often set a large order to a passive setting (i.e don't cross the spread) to take say 10 or 15% of the volume but work over a few days.

[dplewis1] 21/5/2020 11:21

I do yes. It's also only certain condition codes that trigger the price to change, so for example the last off book 31k trade was at 18.67022 but the price is still set from the last AT trade at 18.26.

[itsnotmeitsy0u] 21/5/2020 11:18

but unlikely to drop 6% on such low volumedef manipulation - possibly to get share price down to full that 500k order you mentioned earlierdo you have lvl2

[george stobbart] 21/5/2020 11:12

here we go again

[dplewis1] 21/5/2020 11:10

MMS aren't doing anything - top 4 rows of the bid and ask are all LSE prices

[itsnotmeitsy0u] 21/5/2020 11:01

what the hell is the MM playing at? seems to be a tree shake

[dplewis1] 21/5/2020 10:06

Yes it's marked as an off book purchase on my terminal

[itsnotmeitsy0u] 21/5/2020 09:24

I see a 551k trade just gone through at 18.9 - can only be an acquisition, no way would that be a sell at that bid

[itsnotmeitsy0u] 21/5/2020 08:59

Trying to buy 500k at 18p?! Good grief good luck to that man!! Those lvls seem to be behind us now

[dplewis1] 21/5/2020 08:41

A very unsubtle sales trader has put a 500k bid on at 18p this morning.. that should prevent any pullback today.

[dplewis1] 20/5/2020 20:50

Usually when pugugly starts calling something significantly lower that's the time to buy :)

[tole] 20/5/2020 17:50

Fingers crossed that was the bottom

[george stobbart] 20/5/2020 16:44

back from the dead this one?

[itsnotmeitsy0u] 20/5/2020 15:48

incredible daily volume over the last week

[dplewis1] 20/5/2020 15:40

There's been an iceberg bid for 9k all day plus a 442k bid sitting on the book at 18.68 this afternoon. Looks for now like it will remain above 18p and probably a decent trade for anyone that was brave enough earlier

[itsnotmeitsy0u] 20/5/2020 15:39

to think I was considering whether to dump at 17.7p this am!!excellent turn up