I don't buy the Market maker theories, etc etc. It is simply that RBA is pricey at 23x next years eearnings. It is now rare that you see "Record Gross Auction Sales" in their PR releases. Orlando was $10 M under last year. Hard to tell if other auction (with no PR such as the mining dispersal) made up the slack. I think they are just treading water here. Absolutely no feel for what the earnings will be. One + is that they increased the dividend by a full cent (11%) indicating that they feel good about the whole year and future. By market can be fickle - holders can get tired of waiting even though long term prospects are good. This is a "boring" stock. There can be no big surprises as in other industries.