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https://sleepopolis.co.uk/mattress-reviews/ DYOR

The positives are simply what is left in the pipeline and the people who have been doing the development - if they are still working for REDX.

Yes, clearly we have to wait and see but there are still some positives here still and the SP could drop very low initially especially if some of the big holders offload. When REDX starts trading I think that I will average down with the aim of reducing back over time to eventually leaving just profit in for the long term. My average at the moment is 34p.

rebarm Have you any idea how much the remaining pipeline is worth at this stage of its development. It would be silly to speculate on its future value but getting a guestimate valuation now would I think give us some sort of reason for our continued investment and maybe indicate if it is worth averaging down. Thank you.

It seems the consensus here is that the SP is likely to be very low when the suspension is lifted. There will be little point selling if this is the case - it will be better to hold. The next question then is - is it worth averaging down?

These bl**dy shorts are lucky b*astards they are getting a third go at TCM with the market down today. The only good thing is that some may now decide to close today.

Market is badly down - today doesn't count - just hold - blame Trump.

If it falls dramatically I will just hold and hope - there is potential for good news or even very good news with RXC004.

SP maybe 15p when it starts trading again? Based on REDX loosing half it main assets and the fact the SP was rock bottom anyway. But just a guess - or is that optimistic???

eshatan Yes, and that applies to most AIM companies over the years and is probably why the AIM index looks such a poor investment over the long term - constant dilution. Raising cash is the reason for being in AIM. Remember these are high risk growth companies.

Don't you think an H2 recovery is a little optimistic now assuming a management team is in charge. I think that to consider holding TCM beyond the current problems in actual fact will mean holding the stock until at least this time next year.

Is it not the case that most of these so called red flags would have already been reflected in the SP long before this current sorry episode.

Has anyone any experience of a massive short with so many players closing quickly??

My initial thoughts are that it is the financial director who screwed up big time here - seems REDX was solvent when it went into administration. Very frustrating!!!!!

Personally I would like to see the bid fail and no more bids on the table. If left alone I believe the PAYS SP has every chance of doubling over the next few years - it is a great investment!!

Good luck!!!

Mr Cats is clearly a maverick - lots of entrepreneurs who grow businesses are - take Branson for example. And yes there are bound to be red flags but TCM probably wouldn't be where it is today without Mr Cats. His luck has run out now and he should unfortunately go, but he has created a company that can go great guns from here.

Forgive the typo - dodgy

mikeboy No doubt companies that trade from Italy are not at all doggy!!

AUNBoy Not even Woodford gets it right all the time. PURP is great, yes, but take a look at RM2 International and look at the chat board. I am afraid EVE could tank in the same way.