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Anyone who thinks that they won't be able to sell the rest of the tested anti-viral Covid-killer masks in the middle of a 2nd wave of the Covid pandemic is deluding themselves.
More RNS's must follow as contract wins come in.
Whilst the exact profit margin on the 5M masks is debatable the MCAP is still tiny. I know which way I think the SP is going. That's why I averaged up today.
GLA DYOR
The way I see it this has gone from 0.7p last week to over 4p .anyone who had bought at .7p not taking at least a part of their 500 per cent gain would in my mind be careless .if there was anything major gone wrong imho this would be back below .07p today .
‘Bizarre’ they can’t say anything until it’s confirmed..so wait till MMs flush out the traders and weak holders...
Oversold in my opinion
There are 310million new shares hitting the market next week once the sale of pharm2pharm goes through. Someone said 600million on the ADVFN chat not sure where that figure comes from. This is obviously a big chunk of new shares hitting the market but by the looks of it they are just trying to drive down the price of RMS to buy in or for a short.
Expect plenty of short term volatility in this stock. i am just holding through it all as the product that has been developed is so sought after.
Sorry my post below was in the wrong thread, but still relevant. ADVFN is a cesspit, LSE isn't much better. I can't see any reason for any negative posts currently, unless you have an open short position and you're trying to influence without substance.
It's not bizarre it's regulatory, there has been no material news released via RNS that is causing the rise, that's what it said and that's what they are obliged by AIM rules to release. This does not mean that the rise is not justified, however it is based on speculation that the orders that have been mentioned and the results that have been seen during testing are going to come to fruition. The company has to cover it's back and release a speeding ticket which basically absolves them of insider trading. Speeding tickets in my opinion are always a good sign over the coming days/weeks.
Some really negative comments coming up on ADVFN - anyone reading this differently following CEO news?