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Yes, agree.
This small machine is just for test runs and samples.
L&L , cheers .
Agree that there is scope for things to improve here.
Just frustrated at the: "50/60% increase today, massive orders in next RNS, 5p by Friday, 7p shortly" brigade that do more harm than good.
Some very well informed posters here and it's a pity they get drown out by the damaging BOOM! brigade.
Talkingsense, agree with most of what you say. Just for a moment imagine the bio city machine is in place to open avenues for distributors then sales. This could be just the test bed to prove to the market place, we have the mask , we produce the mask, we sell the mask. Looks good to prospective third party producers for mass rollout. When that comes into play the Nottingham machine will be a minnow of a producer!!
Seamanp911, I think the problem was that expectation prior to the RNS had been set too high with much talk on BBs on NHS contracts needing additional machines as 5m/month production may not be enough.
When the RNS did come out there was 1m/month orders confirmed for an Amazon supplier and also news that the machine was not as productive as hoped and that production would have to be outsourced.
Hopefully the contractors will rectifiy the production issues and additional orders will be confirmed....but they will have to do this swiftly and have large, repeating orders for the SP to maintain/increase in the short term.
I agree with many on here that the long term value in RMS is going to be in the filtration products that are being developed, although they will take some time to come on line.
Just look back through the trades over the last few days.
Someone has been dumping millions of shares in blocks of 1M and 500K.
When they are done it will rise.
Be patient folks !!
M , tbh it makes me think I'm really rubbish at this as I cant see a downside other than the Mcap as some have said , for once TEK one of my other holdings is doing ok and thought about taking profit and ploughing in here but iv got this share so wrong up to this point I'm really hesitant
AIM is just a casino. As pi's we are at the mercy of the unscrupulous directors (as seen here), the market makers (as seen here), and anyone else who can put their oar in. Many honest folk have got burned in this casino (me included). I don't think anyone has any real idea what's going on. All those who say it's going to be ok, MM's playing games, they want your shares etc etc don't have any more idea than me or anyone else. I am just hoping I can get my money back and then I am out of this circus for good.
Seaman
Exactly my thoughts too. I just don't get why we are at this level now. If I had money I would be topping up but unfortunately not atm.
Good news with the RNS , production, outsourcing and a very good looking website so can someone please explain why the SP continues to slide , no I'm not interested in blatant nonsensical deramping but trying g to genuinely understand why iv read this share so bl..dy wrong . The mask is great , there is still a huge market , the machine ok work in progress but i dont see any other negatives so frustrating
Since news of sales.....share price has decreased each day. Before that news it was going to?
Proper annoying. Not sure when our break will be if at all
The SP is looking lousy this morning, it will recover soon. I decided over the weekend to email Matt Han**** over the weekend. If I do get a reply I will put the details here. I just mentioned the basics of the product and how it could open the economy sooner rather than later with government intervention, thus removing the two metre rule should they be worn by the public. Anyway, small steps but getting the name out there doesn’t do any harm along with links to the business. I believe others have emailed ref media coverage? Any replies ?
Just ordered 10 masks which I can’t wait to feel safer wearing in supermarkets where some don’t bother with distancing etc.