RUL have commenced buying back shares the past 2 days, further extending the buyback program that began in 2022.

Propping up the price on recent weakness or just a good use of the mountain of cash they have, which will be growing following the recent divestment.

Up 7% in afternoon trade on no update?

Did the market assign value after the Friday lunch beer which strawpeople have known for over a year. Or is there a big announcement in the works early next week and someone knows more than we do?

The central bank of Norway just bought 5.001% of RPM.

Not a very insightful post I’ll admit but I just noticed that Wilson micro cap WMI now lists RUL as a top 20 holding as of the November disclosure.

They aim to invest in smaller companies with a catalyst for a re-rating or shift in its earnings potential. To me this just says that the group think of strawman is aligned with some of the pro’s, depending how you look at that I guess it could be either good or bad!