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They have £4m you idiot
No. They’ve had the material to test from January. So factoring in Xmas holidays and back to work probably didn’t start until a few days into jan.
You think testing is that quick?
Takes software companies weeks just to test some web changes
This is heart valve and multi billionaire companies work slower than agile companies like RUA. So a 3-6 month testing window is to be fully expected
Read all about it!
2p coming!
Yep. Being cashed up, it can take as long as it takes. As it is a crucial product, it has to be mega tested - worth it for the upside . The gap up will be awesome with the small share number.!
Unfortunately Jimzi there is nothing to talk about. At the moment it's just a waiting game. The major heart valve company have had the material for testing purposes for quite a long time now. I believe they've had it for a lot longer than the the RNS in December. I think the RNS was only released because there was mention of it in the presentation and that's what triggered the RNS.
Still here, just not much to talk about atm. Investing is very boring but can be highly lucrative.
Where is everyone
It must be hard to buy
Only 7 trades lol
Be interested to know when people are expecting the update on testing to come? As I understand things this will likely be the significant event that will drive the share to new highs (or lows!). The update on 5th was great to hear - but got the impression news may still be some time away.
Big week ahead. Was near impossible to buy in any great volume last week.
1 mms have popped up at 15
Price action and bid depth suggests we have a background buyer last several days. I hope the board is keeping an eye on the share register. I wouldn't want a cheeky bid at this stage.
My broker is X-O
Who is your broker Bobat? I can buy ok on IG though it’s 12.9 for larger amounts
Cannot get quote to buy anything over 25000
I actually think a share price below 55p is silly based on where the business is at, but simply wall street puts fair value at 79p. The point is don't worry if you got in at 14p and feel abandoned by traders taking their short-term profits.
Thanks Bobat for posting. That’s an excellent summary of recent developments and makes a clear and compelling reason to invest.
Share price Seems to be waking up this morning as well
Hopefully should start to see this moving up. Also tr1 on seller if seller has sold out
Https://total-market-solutions.com/2024/03/rua-life-sciences-plc-2/
Agree popeye, prob a stale holder from the open offer/placing at 11p. So many peeps get bored these days.
The selling has generally been well absorbed though. Mm’s bidding well above 11 today despite the “quote” being 10.5.
Amati’s finale? ( mentioned a couple of days ago Re his fund)
Bob - The 410,000 trade is from yesterday and I suspect a sell.
No worries. I’ve been to the recent AGM’s in Scotland and can vouch for their decency and experience, albeit with AIM companies, they could all ultimately be masters of the three cup trick as they charm the watch off your wrist! This company has ultimately been a disappointment to its shareholders since the early 2000’s but I remain excited by what this latest composite material will mean for the heart valve industry. Maybe I am already hypnotised……
410000 buy printed at 2.45. mms taken peeps to the cleaners
Many thanks greatly appreciated.
I've checked companies house and the directors seem to have a lot of experience in medical companies as well so time to raid the piggy bank