At midday in london, REH is up 8.65% on huge volume (compared to...

At midday in london, REH is up 8.65% on huge volume (compared to its normal level). Havent seen this sort of volume in a long time.

It's hard to work out why. no ann. no article that i can see about the company or govt endorsement of wave energy/renewable. Might be a broker report but no trace yet on the net.

It's also hard to see how it could be as a result of CETO - i doubt the Libs would make two ann about it in the one election campaign. I guess it could be an ann that all 9 Ceto units are in the water and working as planned but it would seem be a bit early for that.

It's probably some ann regarding one of their other, non CNM ventures - like a wind farm.

But i always get very interested when REH goes up this this on high volume - it always happens before CNM make a big ann (even if REH did overshoot the mark on the 5 mill "pledge" - dont you love watching a company go down on the day of the ann instead of up! classic.)