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.

Folks!!!

Did you happen to notice the 'P' (Protected portfolio transaction) trade at the end of the day ?

These trades are normally used to stake a "worked" price e.g. in this case it looks as though the buyer (with very deep pockets) has arranged to buy a substantial amount of shares, all at the bargain lot price of 14.25p.

How many more 'P' trades are to come ?

Looks like a fine pointer to institutional buying to me. Timing is probably about right also - they've now had enough time to realise that the infringement is cobblers and that RTD is still significantly undervalued !

over there was also a VW trade the day before which indicates Institutional interest.

Someone seems to be accumulating these. Another large buy reported at the close.

Happy1 - Great news! Exactly what we need to haul RTD out of these temporary doldrums.

I'll be watching the trades with interest over the next few weeks.

Is there any end to this selling?

very frustrating !!!

where are the buyers?

;-/

The buyers are staying away until the results of the litigation is released, the longer it goes on the more people are thinking the news will be bad. The share price then dives and people will get in then.
Let's hope the news, when it's released, is good.

I still had some of these left & I sold them this morning.

Wiil be interested to see how far they fall due to litigation, they may shoot up again when it is over.

This litigation will take years. Does that mean RTD share price will go even lower for at least 3 years!!!!!!!!!!!!!!!!!!! Doh

Agreed scotinvestor...

But there's not a lot more for it to go down :)

then again someone decided to dump 500,000 shares

Im looking to pile into RTD big time again, just trying to get the timing right :)

I , like many more have long term faith in this company, just wished the company would come up with some positive newsflow

good luck

parveen1 - look closer - the 500,000 is a "worked" protected trade BUY on behalf of the institution which has been steadily accumulating chunks over the past few weeks as the small guys bale out in terror.

If these guys are buying in, they must know a bit more about certain patent infringements than we do !

overgrowth

From where i am looking...i see the 500K Trade as a sell
Unless you have more detailed info? and also why is the price constantly falling even if you are suggesting that these trades are buys.
The maths just does not add up for me

Could you please enlighten me with your thoughts !

Cheers

parveen - when you are buying a few million quid's worth of shares you do a deal in advance with the market - you agree an average price (with the proviso that you can buy at a better price should the market dictate a falling price) and then get the broker to filter in your buying chunks gradually, so as not to cause the price to rise too much and the average to be tricky for the MMs to maintain.

The best time to buy large amounts is when the crowd are selling like crazy, particularly if you know that they're misguided, your buys can then simply mop up the sells and you'll get a great deal at the end of the day.

We all know that the guys with the fund purse strings are the movers and shakers, but the last thing they want to do is move the price up if they're buying !

;-\

Looks as though there are some "brave" retail buyers coming back in also, judging by the trades today.

The only bad news regarding RTD is this annoying patent hassle - without that I reckon we'd be whizzing up past 20p right now!

overgrowth

The 100000 buy at 13.62 do you think it was a buy or sell?

Also the spread has been very tight the last few days, can we read anything into this?

thanks

parveen - tricky to tell on that one, the price shows as 13.625p to be precise, i.e. smack bang in the middle of the spread. Also, the NMS is 100,000, therefore all trades will be following the market so we won't see any delaying effects.

The last 3 trades went:

Sell 3,000 at 13.5p
? 100,000 at 13.625p
Buy 100,000 at 13.75p

I would stake cash on it being a buy, because the last buyer of 100,000 had to pay 13.75p on the nail - if the penultimate trade had been a sell, then the buyer would have a better deal at the end of the day to match the price of other sells during the day.

Regarding the tight spread, this is generally good news because it means that there is a steady flow of buys and sells filling the MM's books, hence they don't need to mess around with the price too much to encourage more trading - this in turn decreases volatility and makes the share more attractive for buyers when sentiment turns (which it will - soon!).

Cheers

OG

:-/

i'm depressed just like dougie with the share price continually falling

anyone spare some prozac !!

AEX is where its at, dump this baby!

i aint dumping RTD blakester. I bought this as a long term last year and intend to hold for another 2 years