Everyone chill out11 Nov 2020 06:23
There are some people here who don’t understand investment ! Let me be very clear it doesn’t matter is BRH have sold 12 % of their holding! Trust me. Look at ICON, European High Growth, yesterday sold 20% of their holdings and the stock price goes up. BRH is still holding 25% of RMS stock.
As for exercising warrants, THIS IS ALREADY PRICED IN. In Valirx investors exercise their warrants at 13p and the stock hit a peak of 77p. In WSBN investors exercise warrants at 3p, the stock hit +13 last week. So DONT WORRY about the warrants or selling by BRH.
The key will always be the product. If they can sell the product then game on! I think they will sell this current 5 million per month but also increase production. If they use the material to make other useful products for hospitals.
As for the drop it was going to happen. If you understand the markets the initial reaction is always causes a massive spike. Look at DOW/SPX this week when the news came out about the Vaccine. Look at SKIN/MDG/ DeepVerge PLC, the stock went to 70p but now trading at 22p. Valirx went from 7p to 77p but now trading at 20p. I have been buying all of these as I feel they will form a news highs shortly.
RMS has a great product that they can sell right now. This is why I feel that we don’t have to wait long for this to go back up. Gareth will be updating us shortly about the sales and his future plan. I personally think we are lucky to have this opportunity to buy at 1p. We will not NOT be below 2p for long. The drop below 2p wasn’t caused back BRH. It was caused by the vaccine news and it’s only temporary! Our product will be used many years after the virus has gone! NHS will buy us and not China. The UK government will build a UK supply chain. What if this happens again!
I have pretty much maxed out on RMS! Several million shares! My average is around 1.4p I was never expecting it to go to 1p. So I bought a lot below 2p.
I feel this is great price to buy. I can’t see it go any lower!
Good luck!