Member Info for GreenEyes1

RUA are desperately seeking leads too. Hopefully they'll both find what they are looking for.

Someone has lost patience, hope they haven't got too many more to sell and they don't cause a panic.

And if they do report losses of a few hundred thousand before they report new significant sales it will take some by surprise and will spook them.

I think they are expecting to report losses at the 12 months to sept period. They are one decent new contract away from sustainability in my view. Contracts of this type seem to take well in excess of a year, maybe two, to secure. They reported working on a major new contract, and secured a 100k PO for it (April 24 RNS I think,) but nothing more has been reported in nearly 18 months.

Their decision to cease narratives around new business worries me and peaks my interest in equal measure. Is it the calm before the (good) storm or is going quiet on the pipeline front.

They told us what we already knew, which we knew was going to be the case. Seemed keen to stress the point that MD industry is slow and that there are growth opportunities.

"It is however counterproductive to have market expectations based on the potential to exploit IP at a time when the Company is marketing and negotiating potential contracts. Rather than provide a commentary of developments, we will focus on reporting the outcomes of deals once completed".

Someone shat their pants at the eleventh hour 🤣 no matter, we had a good week on nothing but anticipation. Imagine the benefit of a couple of good RNS's. There's nothing major that can go wrong right now (like FDA rejection) so why panic. They've managed a decent transition to date, keep the faith.

Pretty standard modus operandi unfortunately. Could be worse, could be firing off smokescreens and diversions, they are at least consistent.

I dream of such success

I got 6,500 at 13p, cheapest quote I got in the last week was 12.2p.

I just got the message that there are no online quotes available. Sad when considering a top up (£960).

When RUA hits these giddying heights there is normally a flutter of sellers regardless of any news due. What's changed! Hopefully RUA has finally spun out the less committed and impatient investors and the price can slowly creep up not down!

Thanks Rivaldo, interesting read that. Hope RUA gets a bit more attention and limelight after this week.

There was an interesting RNS for SBTX this morning. They have a market cap of 40M, 6M of revenue (after recent acquisitions), are about to report full year accounts probably showing break even for the first time, have lots of cash in the bank (have stated no requirement for a cash raise), and have commercial agreements to sell their products for which sale numbers on their blockbuster product (only just launched) are currently guarded by an NDA.

They just announced a placing, 10% dilution, in support of a commercial arrangement with a major retailer, out of the blue. Has has zero effect yet on the SP. The retail agreement was expected, not the raise.

For all the research in the world you're never going to know how the business will manage it's progress, wins are not easily won so never underestimate the risks. Fortunately, the RUA SP appears to include absolutely zero premium for future prospects. So I'm still comfortable for now.

It's mostly applicable 😆

I don't think it will move us on, bar a few top ups, but it will underscore the value on offer.

The prize will be the next big contract or partnership.

But then again, I've got wrong with every other call I've made.

I can't wait to be told what we already know 🫣

The wait is excruciating! Good find.

Thanks Net, it's helpful to hear what others are thinking, especially when they have history. I think the prospects are excellent here, reflected in the current entry price IMO, but could be outdated soon with news of first sales and interest.

What's normal for a new cosmetic ingredient to make it to retail shelves? It was launched in April, presumably is not cheap, a early adopter cosmetic company is presumably going to want to create a high end product and then all the marketing and production arrangements will take typically how long? At what point would they start ordering in volume, assuming that start with limited product runs. Total uneducated guess but I can't see decent sales for a few months, and then growth over following years.

With an outside chance the market rewards the new context of the business. As good as that is, it would be good to hear some progress on major new contracts for medical devices, a good pipeline does not make profits.