Member Info for FlyingHigher

RUA is an absolute bargain, funded for 4 years, expecting a commercial partnership deal to be announced soon.

That one will take off at some point!

What possible motive could I have at this point HedgeHogarth?

You think I'd even short the company at this stage, knowing shares could be delisted in hours (probably days)?

I don't do shorting by the way.

I can't rule out a financial restructuring, but this would not benefit shareholders either.

It wouldn't be at 1p.

Again, put yourself in the buyers position.

Why would they pay a near 100% premium on shares in a company about to go bust?

When they could just agree to take control of it.

Torreaguas - I have no doubt there will be interest in the SED assets, but what I'm almost certain of is there will be no value for shareholders.

People need to separate the two.

A company that has no bartering position, having told the world it will file for administration, has no ability to protect shareholders. That's what many here are struggling to understand.

Your shares don't matter to anyone at this point!

The only thing flying will be dinner plates across the kitchen when you explain to your partners that you lost money on a company that stated very clearly it was about to go into administration.

It looks like there are enough gamblers to cause a temporary surge.

Who's going to be holding at close on Friday?

This is a senseless game of chicken.

The price of 160p reached when 510k approval was expected, but in reality things were much more uncertain than now, is the equivalent of around 57p, so it's perfectly reasonable to expect a 50p surge in the near future.

With a commercial partner the company would be in a massively more favourable position than then.

Obviously, that depends on the terms.

This clearly won't trade up to such prices though, the rises hinge on the next news.

From a trading perspective, it's all about the recovery of sentiment whenever that happens.

Maybe it won't until the next news.

i don't really care, I'll keep going with my small top-ups and sell at 20p+

That's why I'm here.

I must say my definition of the word 'shortly' is beginning to feel challenged though! :D

4 years worth of cash.

MASSIVELY undervalued on analyst estimates.

Partly because this business is difficult to understand.

I believe this SHOULD trade up to 20p and then go up to 50p on news of a partnership (if that indeed transpires and is favourable as I expect).

£2m at 0.2p would issue 1bn shares, virtually rendering shares worthless anyway.

Unlikely they'd get more than that in a raise.

Let's be honest here.

People are investing now in the hope that enough other people will also invest on the unfounded belief that something could happen to save the shares. These people will cause a temporary surge that others hope will enable them to get out at a profit.

Alternatively, you could believe it's unlikely that there are enough people more stupid than you or I to make this possible.

There is unlikely to be the golden RNS to make everything wonderful.

The gamblers here are the equivalent of people running towards a Tsunami to take a video to put on social media. Don't do that, flee to the hills!

Why would anyone sell 2m shares at these levels unless they were certain it was about to go bust?

A lot of casinos do free beer tokens. If you're thinking of joining the fun here, don't! Go down to the casino, pick up your free beer tokens and put your money on red or black. Much more fun and you get beer.

Alternatively, tomorrow could be suspension and curtains.

Maybe time to assess whether you may still want to keep the small amount you have left to buy a couple of drinks on Friday evening.

Around 54,000 shares.

I hope it pays off for you and anyone else still in, but I can't see how it will.

I'm putting myself in the position of a buyer with no obligation to shareholders and I'd want to pay the minimum for the assets.

If they try a PI placing, it would have to be 0.1p or something silly like that, but it would immediately send the share price to whatever level they place at, so who would back that? I certainly wouldn't.

Fundamentalanalysis your fundamental analysis seems to have failed you.

You'd have more fun at a casino.

Ask yourself this: Why would anybody buy this now when they can pick up assets from the administrations on the cheap after Friday? That doesn't make sense.

Unhooked - I'm really sorry to hear you've lost money here. I love your perspective though and hope that carries you through positively!

I can't believe people are attempting to sugar coat this.

TO SPELL THIS OUT:

1) THE COMPANY IS NOT GOING TO MAKE IT TO THE END OF MARCH.

2) AT SOME POINT BEFORE THEN, THEY WILL HAVE NO MONEY AND SHARES WILL BE WORTHLESS UNDER ANY ADMINISTRATION PROCESS UNLESS....

3) THERE IS A TAKEOVER, HOWEVER THIS WON'T NECESSARILY RETAIN ANY VALUE FOR SHAREHOLDERS. IT MAY BE THAT THE TAKEOVER WILL PAY CREDITORS AND ABSORB ASSETS.

IF YOU STAY IN NOW, YOU BELIEVE THAT A TAKEOVER WILL HAPPEN AND OFFER VALUE TO SHAREHOLDERS.

THIS IS A GAMBLE OF COURSE, BUT I CAN'T RULE THAT OUT.

I feel extremely sorry for all those who have lost money here, that's really not nice.

I just hope you can gain a new sense of perspective. Maybe go and see some good people and eat some great food tonight!

I really don't want anyone else to lose though, hence my shouty post.

Another small top up for me!

You have one week to get a little bit of money, then it's bust.

If you buy now you're mad.

If you hold, you have a serious gambling problem.

This is going bust and they've just told you clear as day.

Don't listen to the nonsense.

I really feel for people who have lost money here.

It didn't look to me like the company were completely transparent about their plight and really shocked the market.

Take what you have and move on, even if it's only enough to enjoy a beer tonight.

You can't issue a dividend at this price without crashing the share price. I'd favour a big buy back, but there are probably insufficient free shares for that. The whole thing is a gimmick.

"Hey everyone, we completely failed to commercialize our tech, then took an insulting settlement, but don't worry here's some pennies to keep you happy."