Member Info for bignose58

Yes, interesting and welcome news. Also interesting why they didn’t launch in their own territory first ?

Probably too much to expect a reaction in HK today over the news given the company has not made any announcement or probably doesn’t even know themselves..... :-O

Some poor sod bought 50k on opening at 0.194 !!!! Obviously had no knowledge of the announcements and probably bought on the back of yesterdays rise. you win some, you lose some... :-O

Seems an initial sell off today since the additional 422+mill shares are now showing and the market cap jumped from 340mill to over 400mil HKD. I could be wrong, but I would expect a retrace today or over the next day or two back to near the same market cap as yesterday. I'm no expert, but logic makes me expect it, however. We are talking about the HK Asian mindset, so anything could happen .... lol

Ha ha ha, it won’t be that long since I think they only needed to process 2 more subjects.

I wouldn't think so since the completion is at the end of Jan.

https://clinicaltrials.gov/ct2/show/NCT03578783

That's unless they manage to finish before then, which I doubt since it was extended to the end of Jan at the end of Oct. But its any ones guess with this crowd. I mean they haven't even announced if the Primary completion date was reached at the end of Nov which could mean the end of Jan is not achievable.

A whacking 92.1% of todays trades were for 200k or less shares and the majority of large trades being sells. The 4mill opening ("Others" doesn't rep anything since it is could be made up of several smaller buys and/or sells). so generally just a day of day traders jumping on the rise which lost steam by lunchtime. Finishing close to 3.9% up with 24.1 mill shares bought against 37.85mill sold. If anyone is interested. HK bulls says..Moooooooooo. lol

You are right regarding the US market overheating. I made just the same point a week ago regarding the level of the DJ. It had reached an all time high, which is unbelievable given the current world financial situation. As to whether any US rerate will impact RPG's SP, I'm not sure, although I feel since we are currently coming out of our historic low with positive news flow to come, the SP may be more resilient than most. Mind you, we still have to contend with an additional 422mill + shares hitting the market which could see a pullback of the SP by 18% (being the O/A % increase in shares).

Even with any eventual 4mill USD payment from the China syndrome.

Heimdal,

Although DLI received 3.79 mill USD from their series A placing, this money now becomes available for use by RPG (at a cost of 12 mill USD to us shareholders), however. Although that money was meant to be used for the running costs of DLI, if RPG now take control of those funds to use elsewhere like pay the ATO, where does that leave DLI with no money ? Non of it appears to add up with respect to monies owed to JM, ATO costs, JG's outrageous salary and FDA phase 2 completion and FDA phase III commencement. As far as I can see the company is still short of cash.....no ?

Amazingly over 51mill shares traded this morning within the first half hour just from the Taiwanese news.

Nice to see, but will it last and will a new level of SP support be found. I wouldn't say Taiwan will exactly have mind blowing sales and I cannot think my idea of an early Chinese approval is currently in the traders mixing pot since I would expect a much much larger rise and volume if that was even considered a good gamble ?

Just to be clear.

The next day transaction SP = 0.181 HKD effectively means we have paid 12.5mill USD for a company that is worth 3.79mill USD, that's 159% more (RPG will still only have access to 3.79mill USD). Even though the purchase may increase the value of RPG in the years to come (it could just as well equally not (only time will tell)), shareholders have been shafted good and proper through what one can only consider as being an orchestrated shady deal.....Nuff said, now its done and dusted... :-)

So, now that PLE have obtained Taiwanese approval and have already received import licenses from HK and Macau (effectively approval), surely it is logical to think, given they are all part of the same ethnic group and probably more importantly considered as part of "The One China". The NMPA could approve "Senstend" without the need of a CTA..... Fingers and legs crossed that logic and common sense are used when making the decision.... :-)

I wouldn’t be surprised if the HK and Macau launches were not deliberately delayed whilst waiting for Taiwan approval due to using the same packing /language etc. I wouldn’t be surprised if Recordati never had any intention to supply Orient with a part batch which would need to be in a different language and now without the otc marking. Just speculating since it all seemed a bit illogical to have a part batch in a different language, although will all 3 use up a whole batch, unless they only order the smaller batch size ?

Extra Extra, Read all about it...

Operational update: On 11 December 2020 that it has received marketing authorisation approval for Taiwan from the Taiwan Food and Drug Administration.

Probably will have no impact on SP tomorrow since it will probably take them 2 years and some to get the product to market, just like HK and Macau....... I'm not going to hold my breath on it being any sooner..... ;-)

Onwards and sideways....... lol

And I apologise for forgetting that I had.....lol

I certainly get the impression that they probably want to offload PLE and the product as soon as and concentrate on their new toy no ?

Maybe once PLE officially starts phase 3, deals may be made, although I’m uncertain how they will address EU and Asia, unless they offload the license in 3 parts US, EU and Asia(namely China). Pure speculation on my part.

Mornin/evening. Thanks for those.

All very interesting and can be discussed till the cows come home like the CBD, but it all needs to be turned into cash in the bank. We’ve still yet to get some update on any business plan on how they intend to do this.

Hopefully these articles will provide SP support and an increase in market cap, but it won’t last if there is no plan. Hopefully the next operational update will address/clarify this.

Of course just my opinion, others may think n feel otherwise .... ;-)

It’s all down to JM since our bod and ceo don’t have the brains to think for themselves or to say no. As far as I am aware there is no link between the product and the AI. Jim is just an opportunist first the DBC, then the CBD and is now it’s longevity and as such he wants all he is invested in to think likewise. As far as I can see, none of his investments make mr pi any money apart from money for his mates and probably even some of them have been let down. I’m invested because of the product and have been since before RPG were involved. Since RPG came on the scene, I’ve seen nothing but ****ups n bolox since.

The only similarity between Jim Mellon and Warren Buffet is they both have an “n” in their name, otherwise they are complete opposites.... ;-)

It’s just the way the deal was, in my mind, all underhandedly done.....