Rc Fornax Share Price (RCFX)

Caverlier

Not even worth responding to him/them

Anyone who spends 12mths on a share they dont own and have no interests in life need pity not conversation

holding on this one, but just splurged on bab****(bab). hopefully after the long awaited defence review, these 2 will rocket!

+4 RC Fornax plc (AIM:RCFX) experienced significant commercial momentum recently, securing over \(£5.1\) million in sales visibility across the defence and space sectors. Recent milestones include a \(\pounds370,000\) UK public sector space contract, a major Tier-1 defence contract extension worth \(\pounds470,000\), and a surge of new purchase orders.A breakdown of the company's recent contract activity demonstrates considerable order volume and momentum:Recent Contract HighlightsMarch 2026 Update: RCFX secured \(£1.4\) million in total orders for the month alone. This haul included three new purchase orders, two new public sector opportunities, and six contract extensions.Q1 FY26: The company previously registered its strongest quarter in history, securing roughly \(£2.2\) million in new work—a 180% year-on-year increase.December 2025 Contract Extension: RCFX extended a key engagement with an unnamed Tier-1 defence client, securing an additional \(\pounds470,000\) in work.November 2025 Public Space Sector: RCFX was awarded its first major public sector competitive tender worth approximately \(\pounds370,000\) to lead a consortium on a government space programme.Tracking the AnnouncementsForward Guidance: Management has stated that operational restructuring—including hiring a new sales director—has significantly improved the conversion of the company's sales pipeline.Investor Updates: All regulatory announcements, financial reports, and contract details can be continuously monitored via the London Stock Exchange RCFX Profile or by reviewing the Investegate RCFX Announcements feed.

RCFX has a real problem converting the " Pipeline of leads" into hard contracts, they suffered with this problem in 2025, said they had brought in a new crew to take this challenge on after the previous members of staff failed, personel were changed and they promised great things for 2026.

But nothing very new has once again been won as in new contracts imo, the share price continues to dive downwards, now there is rumours of a new fund raising needed, which would only devalue the shares even more, this we all remember happened not long ago when all share holders must have been extremely frustrated to see the share price crash in the range of 50% when they made a huge discounted placing of 6p!!

You have to ask if this leopard will ever change it's spots, my feeling is no, the company head makes lots of noise with imo hot air and management talk with no real substance, if you keep talking and don't deliver people and future share holder become frustrated and sceptical, no one can blame them!

Discussion also touched on external drivers, particularly increased global defence spending amid geopolitical tensions. Within a UK defence budget of around £64–65 billion, RC Fornax estimates an addressable opportunity of approximately £1.5 billion. Despite currently holding a small share of that market, Shepherd highlighted significant growth potential.

Operational improvements, including new leadership and sales processes, are also contributing to stronger commercial performance and new client wins.