If there is a Fund/Buyer taking or increasing a position then in this scenario it will be for a blocking position then there will be a share price number they will be looking at as a maximum, they will be buying strategically not to much to quickly as they snare sellers slowly but surely without increasing the price to quickly. I hope that the sellers dry up before the buyer reaches their quota.
Lets face it every holder who is a potential seller will have a exit number in mind, once the volumes that trade on market start to reduce and they will at some stage, so once we get to that point hopefully with a much higher price than where we finished on Friday will put serious pressure on the offer price.
If the above scenario plays out and RG is stuck at around 85%, then it’s game on!
If there is a Fund/Buyer taking or increasing a position then in...
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