Royal Doulton: NAV 62p/share, current price 12.5p/share

Hi timbo :

Wins are on the offer and switched to it after taking a
couple of sells earlier in the week.
They are the most aggressive market maker by far and if
they get taken out and switch to the bid then this price
will move quite a bit methinks, I dont think they have a
big seller like Cazenove did, just simply trying to make
money matching their buys and sells and making on the spread.

I think this is going to move very soon if not Monday timbo :-))

Gravy