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Wouldn't disagree with any of that bignose. hoping for a positive update in next couple of weeks.
Morning chaps,
Of course it’s doable. One only has to look at the numbers. Current market cap is 15mill squid. 1500% is x15. So 15x15 = 225 mill which is not a lot if they finish what they started. Optimistically, they should be able to achieve this just with China if their penetration of the 9mill sufferers in the first year is probable. Even with only 2 mill sales and 50 usd/can (it’s actually more than this according to their announcements). That means 100mill usd which rpg gets 25% +.
I cannot help but feel that they may just sell more than 2mill since they know their own market better than anyone else. Obviously just my opinion, but what matters is it’s all very doable and from a different source than possibly we would have thought a few years back.
And again, I point out, it’s because it’s out of the hands of monkeys.
Agreed dougie.not sure I've got the maths quite right but i think i would personally need a 1500% increase from here to break even on my last investment here (made a significant profit on the first foray so would probably break even overall if we went up 700%). i suppose 700% is not impossible from this position,but 1500% would be going it. i was just seeking to emphasise the potential for significant price movements on any real volume,but for those of us in similar positions,we would need ultra significant movement of the order outlined. that is the sad reality.i do, however, think it not impossible to get some of my investment back on the right news over time, which is my objective.
The problem is Italian, legacy holders will need the company to be worth hundreds of millions to make any kind of proper return on their investment. and with no sign of news yet again it is hard to fathom
Morning bignose.another demonstration of the potential for very significant moves(either way of course) on any real volume.volume continues be tiny in value terms, so if we ever do get any substantial news i would expect a significant upturn, albeit from our lowly current value.
Certainly some strange goings on. 0.77 for 10k (1 lot) of shares, yet only a couple of days ago they were going for less than 0.6. Are the M&M's now marking up the stock on the expectation of news (even sell price has increased) ? I could understand it if more shares were involved, but single lots !!!
Oh and If I am not wrong, the current market cap is approx 10% of that following the PLE TO. (152mill squid vs 15.7mill).
JR87,
If I am not mistaken....following the PLE takeover our holdings were reduced to 65%, After the DLI takeover they were reduced by a further 23% = 50%. After the recent 1 for 1 placing, our holdings are now at 25%.
It was worse for an RPG holder who had 35% after the PLE takeover. They now have, if there are indeed any remaining. a colossal 13,5%
Definitely an increase in shareholder value..... NOT
I exclude the additional shares which could have been placed to pay back JG's loan after the Yooya debacle since I am pretty sure , given the deal was based on an SP of 0.25, he wanted the money + his 4.5% interest, as he knew there was going to be a placing and why not get the money back which could be used to easily cover his part of the 1 for 1 placing. I wonder if that could be considered as a form of insider trading !!!!
I'm sure if my figures are wrong or I have missed any additionals, someone will pick it up.... :-)
Well, all this cheese talk has stimulated my interest. My particular favourites are blue Brie and emmental. However, isn’t it exciting that we have yet another name change. I can just see the board(if they ever meet) discussing how the company is progressing. ‘Any ideas how we can justify are income?’ ‘How about another name change and an exciting new logo?’ ‘Brilliant idea! That distract the shareholders from yet another profit warning!’
This share proves that it’s all a gamble.
Hello All,
I have not been keeping up with the RP current affairs however I have noticed there has been a share consolidation.
Does anyone on here know what the current standing of ones holding should be in RP from the initial take over of Plethora?
Thanks.
Manchego for me bignose.i am very partial to a good cheese.i could tell you an hilarious story about 36 month old comte,,but it is one of those that you have to have been there to appreciate,so it have to let it pass.
Morning The.Italian,
Only if it’s made of cheese, preferably Wensleydale, with a few sheep thrown in for good measure…. Lol
Oh come on bignose! new logo as well. what do you want, the moon? lol
Just the change in company name......Working hard to increase shareholder value.....lol....NOT
Afternoon bignose and dougie. agree we should get profit warning before interims(last year interims on 30th august,announced on 18th aug).im also hoping for an update before the profit warning ,particularly with respect to the SPA, but as always time will tell.
Dougie,
The interims wont be out for a month poss 2, however. they usually provide a profit warning (not expecting anything else) towards the end of July (last year it was on the 22nd, but the year before it was at the beginning of August.
That said, they have provided Op updates a week or two before. anybody's guess what monkeys are thinking,,,,,probably about bananas....lol
So we could possibly get an op update this week or next, although I doubt they will have much to announce. Of course I have been known to be wrong.... ;-)
Last year it was on Jul 22nd
What date should we be getting the interims bignose? Could do with an update to find out if anything is actually happening
Looks like they will update when the interims are out in a few weeks. I certainly cannot believe the FDA process has been plain sailing. Exactly 5 years from Phase II starts announcement (July 2018) and still no result. Pretty incredible when one considers there were finally less than 100 subjects to process.
Market cap is now at its lowest ever.... 13.2 mill squid. Certainly an eye opener given what they are supposed to have, The DLI is now in negative territory given how much they paid for it and the market cap at the time which was about 16 to 17 mill squid (before they announced the purchase) and half the shares in play (recent consolidation ignored).
Surely we must be due some updates soon, otherwise what are the company doing?
I just want some good news!!!
Of course its irrelevant, but interesting that anyone would want to buy or sell just 1 share !!!
Why is it interesting bignose? seems more irrelevant to me, as usual we wait on news updates and any progress haha
1 share traded so far today at 0.53 ie 5p......lol. Last of the big spenders. Not reading anything into the 1 share transaction since we have seen them before without any consequence. nevertheless, interesting.
Morning The.Italian.
Interesting that someone was willing to accept 0.25 though when others were accepting 0.59 and 0..6 and 0.62.
As to the SPA, only time will tell. Currently the market doesn't think so, but then again RPG/ERP have lost market/shareholder confidence due to past history on dates and all things money making....lol
Morning bignose.all a bit odd.the volume so far is 3,160,000 in old money,so not particularly large.so it certainly suggests that there could be huge movements in the s/p (either way) if we had any real volume. sorry to harp on a bit about the SPA,but im still hopeful of some news next month.