This was over 3 quid just a few years ago!!
HUCK dont waste time typing - but it - must have won a clean up contract !!
ey up Whats goin' on 'ere then?big turnover of shares and (percentagewise) a big uplift in the SP.
MOVING ON UP !!!!!!!!!!!!!!!!! MUST BE A HUGE CONTRACT ON THE WAY IMHO
traded @ 2 quid not long ago....
buy buy buy huge contract win
Re: Big buying at the 10p level Another big trade of 7.2 million shares at 10.25p. It's 3.6% of the company so a TR-1 should be due shortly.
Re: Big buying at the 10p level I remain convinced that the worst is behind this company and that the future is pretty bright for it. I have been constantly wrong on this one though and a smarter man would have cut his losses years ago.
Re: Big buying at the 10p level More buying last Friday to take the shares to 12p ahead of the AGM in Leeds on Wednesday. This has performed well since the refinancing but remains the purest play on Hinkley Point and the resurgence of the UK nuclear industry.
Closely watching - interesting situation
Big buying at the 10p level Some decent buying interest at the 10p level. Maybe some sizeable orders are on their way.
Astute contract As rather feared, Redhall have lost their lucrative contract painting the Astute subs in Barrow. I wonder if James Fisher have won it? My guess is the Astute contract was worth several hundred thousand pounds a year in profit but fortunately its loss will be made up by the rest of the group performing better. I don't know what Redhall Marine have in the way of assets but quite often in these situations the assets and workforce are sold to the winner of the tender which reduces any closure costs. It's disappointing news but it was probably inevitable that Redhall Marine's profitability would fall on the re-tender.
Re: Huge turnover in the shares It looks as if the large turnover in the shares was due to City Financial selling and Ruffer increasing their stake with further announcements to come. The top 3 institutions must together hold over 50% of the company. Let's hope for some good news to lift the share price.
Huge turnover in the shares Almost 10% of the company changed hands today. Totally unrelated but Carr's Group in their disposal announcement commented on a resurgence in nuclear decommissioning. Maybe Redhall is about to have its day in the sun.
Hinkley go ahead? Hinkley Go Ahead?A board meeting of the French energy group on Thursday 28 July is expected to give a final investment decision in favour of building new reactors in Somerset despite internal divisions over the £18bn scheme.[link]