Redcentric plc is a mid-market network-based managed services business delivering information and communications technology (ICT) solutions and services. The Company delivers services, such as designing, implementing, securing and maintaining ICT networks; hosting services, software and data in the cloud, and managing the ICT environment utilized in the delivery of the services, software and data. It offers a range of network-based managed services solutions, including Managed security services, Connectivity solutions, Unified communications solutions, Hosted applications/Cloud services, Physical and virtual data centre services, and ICT project and hardware maintenance services. The Company was formed to facilitate the demerger of the network-based managed services business from the Redstone Group. On April 8, 2013 Redcentric Holdings Limited, a wholly owned subsidiary was demerged from Redstone plc.

http://www.redcentricplc.com/

KEEPS MOVING HIGHER

87.50p +6.50p

Close Position T+13 @ 86p

I don't understand the comment that MXCP; "...sold all their holdings in June at 180p netting them £10.6m...." ( see Posting #41 ).
Was [RCN], ever 180p in 2017 - ? - the graph suggests 80p might have been possible... and it's not far off that now.

15:40 26/04/2018
Broker Forecast - Numis issues a broker note on Redcentric PLC
Numis today upgrades its investment rating on Redcentric PLC (LON:RCN) to buy (from hold) and set its price target at 120p. Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk