I had held off from commenting on this stock as the last time I did a few people got very upset. Like I said at the time I had no sinister motive in my views, they were just that - views. Anyway, where now? IMHO I think the comment from Woodford that has been posted (their April update) is most likely correct. The only issue I have at the moment is that management have been consistent buyers of the stock at higher levels, and now are conspicous by their absence. Also, there is going to have to… Read More
Agree with afrc. You can produce 10,000,000 units, for example (commercial scale production), but if no one buys or rents it is useless, a waste.
I would have thought, indeed do think, that robotic production in Toronto would be economically CPU efficient, so why China. I do not think the Chinese made any public announcement (since I last checked) and wonder why.
In the April fund update for Woodford Patient Capital Trust they appear to still be positive on RM2's potential which would appear to be good news for RM2's PIs. Admittedly they can make mistakes too but they will be having regular catch-ups with RM2 management to assess progress and the continued investment case.
"An important part of the Woodford Patient Capital Trust strategy is to take advantage of potentially game-changing technologies. RM2 International is one such business with… Read More
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