RNS : Oryx buying more RTC Good to see Oryx increasing their stake quite fast. They had 905,000 on 3rd June and now have 1,208,500, so have bought another 303,500 shares and are above 8%:[link]
Just bought in here I bought some of these before the close on Friday to take advantage of the dip following the directors' share sale.Having been following RTC for aeons this seemed like a good time to buy in. The interims next month will imo almost certainly be good, given that if they weren't the reputation of the CEO would be ruined forever having flogged a tranche of stock to someone with the reputation and status of Christopher Mills.The involvement of Christopher Mills (being Oryx's fund manager) in a microcap stock like RTC has to be extremely encouraging. Oryx International Growth Fund now have a 6% stake, i.e 905,000 shares, in this tiny £6m m/cap stock. Most unusual.With 8.6p EPS and a 3.3p dividend forecast this year, RTC at 70p are on a P/E of only 8.1 with a 4.7% dividend yield. Pretty cheap imho.
Thoughts on RTC vs NAK This infographic compares RTC Group and Nakama Group, they have details on valuation and reasonable AIM coverage which I found quite good. [link]