RingProp - With Charts

Ringprop shares continued to fall following Wednesday's revelations of a delay in production of its latest series of props. The stock lost 5p to 42.5p. However, a further statement clarifying the comments made at its AGM, confirmed that the delay did not impact models already available. The company also said distribution agreements had been signed up following recent successful marine trade shows and that it received continued positive feedback from the market place. The three main board directors matched their words by actions, each picking up a further 13,500 shares at 37p. A rally late in the day helped the stock finish ahead of its earlier, sub 40p lows.