Member Info for BareNeccessities

The investments are now negative to the tune of several million. We have no investment in RMS and we are still following their trend. I think some people think we still hold a position in RMS and are selling here thinking we are exposed there too.

Totally perplexed here with the SP. Hopefully the interims will make it all clear as to what the plan is going forward.

*held

This is confusing me too. Today, again, buys far exceeding sells. It's like it's being deliberately below 50p.

Also agree not to mention RMS.

Anyone noticed the massive spread today? 41 vs 44. Putting a few buyers off I think.

That is a massive red flag for me, even though I believe they have a great product. I just can't work out why he would sell unless he really believed the 7p mark was as far as it could go.

Another £3m in the bank. Hell of a return on the initial investment.

Agree it's just business and very fruitful business at that.

Many RMS folk need someone to blame for their losses. If folk did their DD properly they would not have bought in so high, esp as they are still are awaiting news of orders. No-one forces anyone to buy. If you make a **** decision, just own it. I made a few in my early days of investing, but they were my own fault. Some probably also got greedy thinking it would keep going, and are now at a loss on paper.

You can't blame BRH investors for RMS's situation.

So much hate and misinformation going on at Twitter. This has turned into a nasty divorce between both camps. Time to switch off tonight and see what tomorrow brings.

GL all.

*off

Yep. It is in our interests to make money, not squander it. RMS boards and Twitter are going mental atm ****ging of us and TB, but at the end of the day he has done his job extremely well. We should be happy as BRH holders.

RMS can multibag potentially, but that is not guaranteed by any means. If I'd had an investment that did a 1000% I'd have done exactly the same - largely derisked and keep a small holding in the said company in case it went to the moon.

I'm with you on this 100% Iceman. Would certainly love your SP predictions too.

*split when

I was initially split the RNS came out, but the more I think about it the more it highlights what a great investment it was and the return is excellent. Many don't like TB but you can't argue that he'd a shrewd business man.

We still have skin in the game with RMS, are cash heavy, and have the test still in the mix. Plus all our other ongoing investments.

I do find it odd that one of their directors sold a large chunk as well though. We are an investment firm so our sale makes perfect sense, but Paul selling too is a bit of a red flag for me.

Haha, their average sell price was pretty good. They never would have been able to offload that amount of shares much above this, unless it was smaller volumes over a sustained period.

Plus if RMS goes back to 7p, that 7% equates to ANOTHER £8m.

I'd say it would have a far higher chance at coming to market than that. They wouldn't be throwing another £3m at it to bring it to production otherwise. Testing will be here for many months if not years, even if there is a vaccine or treatment. That's just a realistic view of the Covid situation. It's not going away any time soon, and will likely be part of every day life for the foreseeable.

Price action is quite normal for this share. Mid morning is usually sluggish, especially if the 10-20% traders are clearing out. Our rises usually pick up pace in the afternoon.

What a CRAZY week..........and we are still way undervalued Lol!

Strong recovery. Well done all, enjoy the weekend. Time for a beer.

I agree. We are valued around minus £6m as it stands. Crazy.

Feels like it's being held or we have a seller in the background atm.