REH 2.78% $24.38 reece limited

chartists, please enlighten us, page-7

  1. 7,936 Posts.
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    Actions of a rogue quant-driven algo, methinks.

    One that is programmed to kick in by software that is able to interpret certain "share price catalyst" text/phrases contained in company publications.

    Given REH's liquidity constraints the stock should have been excluded from the stock target universe by the algo's programmers.

    On more important matters, I thought this morning's announcement portends something reasonably meaningful about the company's future.
    What exactly that might be, I'm not quite sure yet, but I sense it is something not insignificant.
    Last edited by madamswer: 18/11/16
 
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