Rock Solid Share Discussion Threads

[charmer1_23] 05/3/2012 11:56

Maybe someone's keen, online limits currently BUY 100k 1.75 SELL 500k 1.25.

[christianf12] 05/3/2012 11:49

Is that some sort of code? : )

333,333 bought at 1.58p.

[christianf12] 05/3/2012 08:12

RBonnier

Well they started the strategic review when the share price was ovber 2p as they thought the market wasn't valuing it properly. The share price is now 1.5p when the review is coming to an end. I think we will hear news soon of the outcome, this can't go on when they have made their intentions clear, one way or another, the valuation of RSI has to rise.

[christianf12] 05/3/2012 08:10

You knocking some more out chris? : )

Looking to add this week.

[christianf12] 02/3/2012 09:52

Looks to me like the website has been improved.

[christianf12] 02/3/2012 09:37

I think the company must be livid with this current share price They started the strategic review when the share price was around 2.5p as they thought the market wasn't valuing it properly, yet the share price is now 1.5p.

People selling at 1.25p. I hope they can justify starting the review when the outcome is released as it has got to be worth 4p imo if so.

Not long to wait now as company stated:




Disappointingly, despite the significant progress made since November 2010, our share price appears to be completely disconnected from the current and future potential of the business. The difficult capital markets, has meant that raising equity funds to build on that progress and take the Company forward at speed did not appear to management to be palatable option. For these reasons, the Board decided to explore the strategic options available to RSI and accordingly on 9 November 2011 announced the appointment of Simmons & Co International Limited to assist us in that review. When completed, the strategic review may result in proposals to stay as we are, restructure, sell part or sell all of the Company. This process will continue into the first quarter of calendar year 2012 and I look forward to reporting on the results in due course. In the meantime, as can be seen from recent contract awards, the RSI team is very much engaged and pursuing commercial opportunities.

[chrisis33] 02/3/2012 09:22

Yes, the 100K was mine. Have sold half at a little under break-even.

Maybe I should have said a "significant" holding, well, for me anyway. Just been rebalancing my folio a little. No more sells to come from me until news (hopefully positive) on the strategic review.

[christianf12] 02/3/2012 09:10

That you selling again chris?

[sharewinner2] 01/3/2012 14:04

I wondered that myself the way they kept dropping the bid so easily.

I hope something positive comes, either way happy to hold for now, took an ickle bit more on that drop.

[christianf12] 01/3/2012 13:59

All fun and games today, Fox Davies mm now on bid.

If I was a cynic I'd say news soon : )

[christianf12] 01/3/2012 13:48

House broker Fox Davies, the ones with the 13p target only mm offering stock at 1.5p, only 50k available though.

Seller finished or just not interested at this level?

[christianf12] 01/3/2012 13:36

I would question the word strong if you are selling at 1.25p.

Happy just to see how this plays out to be honest.

Not looking at all good at the minute though.

Down 25% or c. £700,000 knocked off the market cap on trades worth £8,000.

[chrisis33] 01/3/2012 13:27

Plenty of buyers at 1.5p it seems, taken a bit of a tumble on very low volume. 100K sell at 1.25p was mine, needing to release funds for elsewhere. Still have a strong holding.

[christianf12] 01/3/2012 10:05

hmmm, no reply. Think I'll send that post to the company.

[christianf12] 01/3/2012 09:29

I have asked you before and I wioll ask you again as you didn't answer last time, are you related to this person?:

Dr. Lucy Margaret MacGregor, Chief Technology Officer RSI

[christianf12] 01/3/2012 08:38

Down 15% currently as someone sold £1250 worth of shares. Not sure why as they still want the full 1.75p on the offer. Looks like the seller doesn't want to accept any less for their shares and mm's don't want to be holding any in the meantime.

The seller might as well pull their order and hold on as no one will buy on that spread.

Once seller done, we will bounce straight back up and I'd imagine those selling at 1.25p will be a tad disappointed.

Come on RSI, get the strategic review over and then the directors can start buying.

[christianf12] 01/3/2012 08:15

A takeover at 4p would only be £6.4m, surely it's worth that on previous losses alone to a buyer with profits and then you get the business and all the contacts in for nothing.

[multibagger] 01/3/2012 08:06

That will do me as well....if the price drifts lower may pick up a few more !

[christianf12] 01/3/2012 07:57

The management don't own enough shares to make the decision. Insti's own the majority here and will want a return on their investment. Check the average prices they paid for their shares, much higher than here.

A quick and easy takeover would be the best solution. 4p would do me.

[multibagger] 01/3/2012 07:09

Hi Mr MacGregor,

Puzzled to what it is you mean.... do you think that delisting is good or bad for RSI ??

[mr macgregor] 29/2/2012 10:12

I don't care for delisting. If things take a turn for the worst you're well and truly locked in.