RE: TB....Tiptree13 Dec 2020 13:58
Very true. Yea they paid out to holders which was good of them. But why the hell did they not reinvest at least half of it!? Without checking the numbers, I think they left themselves with less than 1 mill of the 17 they gained. Not only that, but TB then sells a chunk of his own shares pre & post divi. Baffling to say the least.
It looks to me that TB wants out of everything. Throughout the year he has been selling out of RMS, not only his shares, but his holding through BRH. And with the latest RNS not having his name at the bottom, has he finally left? I know people have said he has no ties with P2P, but he has always been on the bottom of all previous announcements as the main director of RMS. why’s that changed?
As for the future with RMS, I can see a huge upside from here. I very much doubt any funding will be required with what money is in the bank. If it is, Id expect it to be at a premium as they have done with funding/placing previously. Especially with what revenue is expected. Who knows, they might be looking at buying a warehouse to hold 20 machines?
I’m also very much looking forward to hearing more about Gyrometric...
Gyrometric continues to be in detailed technical discussions with one of the world's largest manufacturers of offshore wind turbines about the installation and testing of this Gyrometric technology on a large wind turbine early in 2021.
A lot of good news to come from RMS and I’m happy i was able to got a discount top up before the bell on Friday (which of course showed as a sell on here).
GLA