Member Info for FlyingHigher

That's the initial order. Obviously this product requires a lot of work to process, so the initial orders are always small, but expected to move into something much larger. The margins are massive too!

I agree it's an absolute no brainer! I wouldn't be surprised to see a takeover offer either. That's entirely speculative though.

Does this mean the shares are worthless or just untradable in the context of a takeover scenario?

That is most unparliamentary language and I now apologise and withdraw it.

Who is offloading big time?

Amati had enough last year. Understandably so having held from prices above £1, but they last reported at 1.24% in December, so are done.

There's no evidence of anybody offloading and in fact, after that you'll see another II bought in.

Nobody, including me, can hide the fact that the company has had disappointment with their Vascular 510k application process, but they're in a much better position than ever before now. They hit 160p on the expectation that a formal 510k application was imminent and then pushed it back because they realised it needed a lot more work.

The resulting impact was a panic in the market and a placing at 11p.

Now with cash for 4 years and commercial partnership secured, I see absolutely no reason why the company shouldn't return to the same levels. They have never had commercial backing before and been so close to commercialisation.

It would be a problem if you're looking for a day trade perhaps, but I wouldn't be alarmed paying 13p for shares in a company that was previously trading at an equivalent price of 55p and is now in a better position.

If the share price crashes to 9p again on Monday, I'll just happily wait until it becomes so obvious to the world what an absolute bargain this is.

At 12:04pm yesterday when the share price was 9.25p, I posted 13p by tomorrow at precisely 15:33.

Well it popped a bit sooner, but I'm happy with that call.

(Disclaimer: most of my predictions are complete nonsense and wildly inaccurate).

13p was the floor for a long time before. I will personally be topping up.

It has been the strategy to seek to grow the scale of contract manufacturing, and the Company is pleased to announce that it has succeeded in securing the initial development stages of a significant contract with a global enterprise. This contract represents a major milestone on the route to doubling revenues for the contract manufacturing division once fully operational. Initial development work under this contract has commenced, with an initial purchase order valued at £100,000 already received.

This is just the start! This market is massive and they've secured a firm entry into it.

That's what people don't get!

This update is brilliant!

Simply wall street puts the fair valuation of RUA at around 79p

Haha brilliant! :D

I would be very surprised if 13p is not breached tomorrow because it sat at 13p recently and not much has changed. The business remains vastly undervalued!

They're great cats! Costs that I hope will be more than covered by RUA profits.

I've just tried to mortgage the cat to release funds to buy more here.

The bank said they don't provide mortgages on cats unfortunately.

That valuation is fairly conservative actually. This could be an absolute game changer of a company, but let's be honest, most of us will be happy with a profit of a few hundred percent. I welcome all new posters. I'll be here for a while yet myself :)

Stupid phone.... asking whether*

Excuse typos

If people are trading this, it would be worth asking when you want to take 20% at 12p when you can most probably wait a very short time to get 100% at 20p. That's not a ramp, there's a massive gap to fill here. Who's Phil you ask? Phil is the guy stood by the 20p sign.

It is an obvious choice for the ISA.

Before the placing, the price had hit 160p when the company was in a much worse position. This would be 55p today.

The broker targets then were 550p.

Thar would now take us to 150p+

4 years of funding sees us through as well.

Sentiment was hammered by the placing of course, but really it put the business in the strongest position it has ever been in. I've just been waiting for the market to catch up. You can't have my shares at these levels.

This will recover to 13p previous levels post placing.