Why are we again at 10.5p bid?

It doesn't add up...

Good Results + Strong buying pre results + Christmas online buying soon = Price drop

Then again some companies that have debt for equity hanging in the balance, poor results and bankruptcy around the corner and they go up!

Why sell now at a loss?

Wont that be a kick in the teeth when we see 13.5p 14p again!

Best of luck all.

;o/

?

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You've started something now Douggie.

hurray, up 1p. hang out the flags.

Why?

Maybe the results have leaked out?

its a bit early apple.

Never too early for a leak!

:o)

well it's not on volum of shares bought so someone thinks they are worth more than curent price

It's nice to see RTD at bargain basement levels temporarily, perfect chance to buy in a few more just before results - which are going to be good.

IMHO forget the US and their antics, this is purely sour grapes and if you don't believe me please be sure to read "The unshredded truth of Enron - anatomy of greed" by Brian Cruver.

RTD are destined to be big in the US, they are already well known and now one of their major US rivals are at the end of their tether - In a years time we can safely move many of Cybersource's customers into RTD's P&L and that will really be a sight worth seeing!

Well I hope you boys and girls are right. Bought another tranche at 14.75 could have time it better. But still think it will be app 22 by October. I hope 2004 not 2005. If the figures are good, I wonder where next.

Fred, good move.

RTD is currently ridiculously undervalued purely because of retail investors being terrified of the prospects of a US legal challenge, without appreciating the insignificance of this whether RTD win or lose the case at the end of day!

Do your "funnymentals" and you'll see that that RTD is worth around 17p on Australian fuel card income alone.

This "last ditch atttempt" Cybersource thing is destined to be ultimately truly massive for RTD and has the potential to turn RTD into a 1+ company in around 2 years time.

Cybersource have screwed up and made RTD "pissed" - what a pefect opportunity for some serious market capturing.

Totally agree, the upside is enormous, the downside minimal. Have topped up and await an upsurge on results and progress on this ridiculous legal claim which should be retracted if Cybersource wish to retain credibility and their money! Don't think it will hang over the shareprice for long.

Looks like everyone is now waiting for the half yr results aand an update from the company on the lawsuit - just 16k traded by 2.30pm!!!!!!

Not so, Fundy. I bought some mid morning at 14.53 which still haven't shown up on the trades data yet. How long can brokers/market makers withhold trades from the market?

Edit: Just spotted Dailos's thread in the Traders' Room on Delayed Reporting. My experience today doesn't fit the rules.

If you bough with TD Waterhouse then they probably won't show up as they use a different system. I think it is called virtual-x which sometime explains why prices will move when there doesn't seem to be any volume.

Hope this helps

Andy

Just noticed this posted elsewhere from the Scotsman on Sunday - looks pretty positive to me:

""Retail Decisions on course

RETAIL Decisions, a firm specialising in credit-card fraud prevention, is on track to meet forecasts for a doubling of profits this year, despite fears of a consumer slowdown.

Household debt in Britain and Australia, where the company is the largest issuer of multi-branded fuel-purchase cards, has ballooned in recent years on the back of low interest rates and a housing boom that has sent prices soaring. But interest rates have been rising in both countries and are expected to climb further in a bid to curb consumer debt.

At Retail Decisions core fraud-prevention business, which specialises in online and telephone transactions where credit cards are not seen by retailers, the volume of transactions was up more than 50 per cent on last year."

Better than expected results should be worth a couple of :-))))'s at least.

Thanks overgrowth

Arawli - Yes, TDW. Thanks for the explanation.