Member Info for chilting

I guess that without the shorts TCM would have fallen to about £2.25 and would have been back to around £2.30 today. Presumably a lot of shorts will close now so the SP will lift back to around £2.30 - £2.40 over the next few weeks - hopefully.

Obviously a stitch up to forward the BOD's agreed bid - a bit of a non event. If there is another bidder out there this will make no difference.

Just averaged down at £1.49 - should be OK.

Shorts are having fun - it is their day - long term outlook is good.

Although the results themselves are somewhat disappointing this statement shines out - "First purchase order from Tesla for all Model 3 cars, expected to contribute more significant revenues in H2 and 2018" Great news!!!

What we need now is for the rumour mill to get going to push up the SP - has anyone heard anything??

The bottom line here now is to take RXC004 through phase 1 and then sell it on - with royalties this time. Then look for other candidates to take through to the same stage. With a bit of luck then we will have a good investment - but REDX need to be very focussed. It would I think be worth retaining this investment if it looks like REDX are able to pull this off - especially if the only other option is a hefty loss.

The good thing about this situation is that as investors we have the luxury of being able to sit on our hands and wait. We can't loose now whatever happens - it is just a case of how much profit we make at the end of the day. This is a pretty unique situation.

If it is a bribe, its not enough!!

Totally agree. Certainly not the time to sell!!!

Ah well, Bricks has proved today that it is Teflon coated just like any other good estate agent - including, presumably milly.

It would certainly be interesting and I guess maybe the smaller hands on agents would come out best - rather like comparing a good local pub restaurant to a chain pub. But it is a minefield for a prospective customer to identify a good agent and their are plenty bad ones out there - sometimes it is better to go into the chain pub to avoid food poisoning at the local pub. Hopefully in a few years time there will be a dominant Purple Bricks just competing with good local agents that offer a premium service to give the customer a choice.

milly In the interests of fairness would you be happy if the BBC did a documentary following a group of householders selling their properties through traditional and online agents to find out what the differences were.

milly In the interests of fairness would you be happy if the BBC did a documentary following a group of householders selling their properties through traditional and online agents to find out what the differences were.

Sain I have no illusions that the current SP is wildly overpriced - something like £2.90 would be nearer the mark. I think it was falling back anyway - that is why I sold last week. After this I expect the SP to fall to that level and probably stay at that level until their is an assessment of any damage done to business. For me this is a buying opportunity for a long term investment that hopefully won't be overfilled with frothy sentiment. again.

Watchdog is usually fairly good at nailing a company that has provided bad service but on this occasion it failed dismally. If found a few dissatisfied customers - big deal - most estate agents have dissatisfied customers. Some local Property Agents are making exaggerated claims - bid deal - they are salesmen/women. And wow - they are not telling customers they are taking out a loan - what difference does that make - when they get the paperwork it is obvious they are taking out a loan with the usual cooling off period. I sold out here last week at £5.03 so this is a golden opportunity for me to get back in when the dust settles.

Just brought in here again, after a brief hold last year, this time for a very long term hold. BREE looks like very well managed company with a great future, trading in a sector that everyone needs and uses. The Woodford investment is also a great endorsement.

The trouble is that their financial credibility will be in tatters - it is difficult to see how they could continue back in business for the long term and raise the necessary funding to continue development of RX004 going forward. Hence my comment that they will sell the remaining assets after they return from administration and discontinue trading.

Good news that we will get something back. I guess the rest of the company will be sold after administration??

Logic says £2.90 but then logic and this shares SP don't seem to run on logic. I sold out at £5.03 but would love to get back in again - but only at a sensible level.