Member Info for andip85

Yep - said this last week. Either up or down could lead people to sell - down people panic and get out, spike the price, people sell. The SP is remaining pretty static at the moment - trading in the 2.2x range roughly - and has been for most of the week.

Watching the trading pattern over the last few days, mornings generally seem to be sells higher than buys with the afternoon being buys higher than sells. Lets see if that remains over the next week or so. Plenty still to unfold - but I suspect we'll trade in this channel until the GM now..

Just my opinion, DYOR.

There are a couple of other points on the GM (Ordinary resolutions so need 50%+ to vote down) which are related to the issue of shares - I'm not going to pretend to fully understand what they mean - but it looks like they could be a method to provide some compensation should the special resolutions be voted down? Would be interested to hear comments from those more knowledgeable on that front.

I believe the new BOD are trying to turn things around here - but they have been put in a difficult position. While the issue of the placing warrants could be voted down by shareholders they may still have people who took part in the placing expecting something else. This may also be the reason we're seeing a depressed SP at the moment - it's close enough to the warrant price that there's still a good deal of profit to be made and that's the trade off in the short term.

We'll know more once the GM takes place - and what news (if any) we get before then.

The story is still unfolding - it may well get worse before it gets better.

Just my opinion, DYOR

Seems like there's a bit of a rotation from sells to buys? Wonder if we've had a seller offloading this morning and this has now switched back buys? I know sells/buys aren't massively reliable etc etc but still...

Just my opinion, DYOR

Was about to post something similar! It'd be good to know what's driving the momentum at the moment! Good to see though - and happy I held on, was close to selling up last week but this is currently one of the only things blue in my portfolio after a bit of a bashing last week!

Can by 25k with HL

Time to buy!

Just my opinion, DYOR

@darren I assume you mean downwards rather than upwards...?

But the sp hasn't bagged 26 times since the high of 7p and we've not had an update for 7 days. It's time to panic.... In case it wasn't obvious this was sarcasm....

Just my opinion, dyor

There's 2 ways I'm looking at this...

Price goes down - easier to justify warrants. PIs get scared and sell so more shares get scooped up for the "pro warrants" party (potentially)

Price goes up - PIs get some profit and sell - More shares available for "pro warrants" party (potentially).

So in reality - both the options people are calling for (both rampers and de-rampers) play into the hands of the warrants getting through.
The "issue" I have is that we 100% won't know whether there are enough votes until the day of the GM. It's all well and good people saying "voted against with my 67 million shares" but there's no _actual_ way to know for sure. There are plenty of rampers and de-rampers on this board - everyone with their own agenda on pumping or dumping the share price.

This isn't a ramp or deramp - just stating my views. There is no way to truthfully know which way the vote will go until it happens. Ignore all the chat. Come the GM we'll get the answer - but whatever news comes out before has the prospect of making things better or worse for the situation - that won't be known until the votes are counted.

I'm in here at the moment over 2 modest holdings - I don't want to see this drop as much as the next person. But I'm resigned to the fact the story is still unfolding in front of us - plenty of games yet to come and I'm fully expecting more games post the GM - especially if the warrants are voted down.

What I am seeing is the daily buys outweigh the sells (I know, it's all down to the way things are reported etc etc) but there's someone (or some people) buying at this price. There's no massive sell off etc which gives me a little confidence this will come right eventually... (or at least I won't be sat on an uncomfortable loss...)

Just my views, DYOR.

We don't know what's going on in the background. We don't know if there's a big seller or a big buyer and we don't know what conversations are being had with those who took part in the placing. We don't know who was involved in the placing (certainly no one breaching the reportable thresholds) - but if they were involved with the assumption warrants are attached, that's a BIG change in their potential position. The new BOD may have an uphill struggle to get all their ducks lined up. There may well be more moving parts to this than we understand (highly likely) and hands maybe tied in the short term as things unravel.

There has been good news - the mask is certified. Production should commence (or already have commenced) and there's a strong hope for orders - both in the UK and overseas. The SP is taking a kicking and the reasons for that we'll probably never know. We know what this SP can do when it's let loose, but we need the production news now.

This isn't a deramp - I have a reasonable (in my world) holding here which is currently down. I'd love to see the SP rise but at the moment it's refusing to - likely because it's where it needs to be for whatever is playing out to play out.

Just my thoughts, DYOR.

Was about ask the same question.

May be especially relevant for those those have PRE-LODGED their votes (for/against) thinking it's a clear cut answer.

Once we know which way to vote to get the required outcome - it's important people re-iterate their vote to make sure they're not accidentally voting FOR the warrants.

Given resolutions 1 and 3 are ordinary (so require 50%) it's _unlikely_ we'll have much chance to change the outcome...

Doc posted here :)

https://www.remotemonitoredsystems.com/investor-relations/documents/

Either that or they're hunting for some shares from weak sellers or stop losses....

Just my opinion, DYOR

On HL - can't sell anything - just get NT.
Can buy though (attempted up to 25k shares) at 2.4 - but HL showing the ask at 2.5 at the moment.

@intothedeep.
Assuming the warrant issue is classed as a special resolution (not familiar so can't confirm 100% -someone with better understanding I'm sure can) on the RNS Reach communications - the total support for Dr Cave amounted to ~ 33% of the company. Special resolution requires 75% or more to approve - so there's sufficient support to vote down the warrants.

Just my view, DYOR.

@IntotheDeep - if the strike price was increased (and the number of warrants reduced) AND the company had a clear plan for the cash raised, to me personally it maybe a different story. But we've yet to hear the actual need for the 5 mill raised from placing (plus the extra from warrants etc) - so the warrants currently add nothing to the company - other than further dilution. This is why the initial raise was questionable in the first instance!

There's no indication of who took part in the placing either - that worries me still - find it hard to believe with the volume of shares in issue that it didn't take someone over the declarable threshold - so we have no idea who is holding.

Just my view, DYOR.

@mafioso - only those people who haven't bothered to understand the product being offered. No lab-backed results, no formal certifications etc. The products are totally different and the markets are totally different.

The P2F mask has all the certifications to prove it's effective and will do the job it says it will. The other mask has some hype and an ad in a big paper. Most likely it'd be purchased by the same people who don't wear a mask over their nose and want to tell people that they're immune to covid cos the mask they're wearing kills it.

Just my opinion, DYOR.

I wonder if their hand was forced somewhat with the news that came out last week (CE mark due this week, machine in place etc etc).
Based on their earlier RNS's we weren't technically due news until the machine was commissioned (could well be this week) and certification was received (again likely due this week).

While this news isn't the "we have loads of orders, masks are certified and the machine is running at full pelt" everyone wanted - at least they've controlled the news flow and set things out as they stand - rather than wild speculation on twitter. Providing no news today could have been equally as "damaging" to the SP as people begin to speculate there are issues with production, certification etc etc..

As always, just my opinion - DYOR.

Was 43% down on this stock in Nov and it's come back nicely! Good lesson in sticking to your guns and not selling at a loss!

Interesting to see where this goes now...!

Just my opinion, DYOR

Exactly what @startfrom and @terry said. The RMS of old would probably have sent a couple of RNSs since the lorry arrived. The news would have been mediocre (or good, depending on which way the SP needed to go - likely good to boost the warrant sale price) and not really told us anything ground breaking.

The previous RNS had a clear set of expectations set - once the machine is installed, running, commissioned etc we'll get another update. I don't know how long this would usually take - but 5 or so working days feels a realistic timeframe to me . So I'd be expecting an RNS sometime in the near future - but it'll come when it comes - and I suspect when it does come it'll be a VERY GOOD RNS - lining up a lot of ducks (certification of 1/both masks, order/contract information etc etc). Until then we're in a bit of limbo but with ever building excitement.
Also find it interesting that no GM has been called yet to discuss the warrant issue - makes me wonder if there's more going on behind the scenes to be covered by a vote which they want to be wrapped up together?

Anyway, this is a hold for the moment from me - we're on the cusp of news.

Just my opinion, DYOR