Member Info for Latino

Fair to say you are a serial deramper on these boards…get a life fella! Hypocrisy is frightening..

Bye bye!

It’s cos MMs managing this very badly, giving traders ample time to move in and out…but once it starts moving MMs won’t allow easy buy in

It looks like Bergen selling?

Nothing to be excited about yet, still correcting itself. Real excitement is when this clears 35p then 60p…then we can really start our rocket launch to what was it £5 lol

According to Equity Development Note:

https://www.equitydevelopment.co.uk/research/trading-update-1

RUA released a trading update ahead of its December interim results announcement. In contrast to the previous year, revenues have been weighted to the second half and while this has suppressed first half revenue growth, October’s and November’s revenues have largely caught up to align with management’s budget expectations.

RUA’s recent strategy update and its trading update have several common themes. The reliance on partnerships to fund the development of RUA’s products in RUA Structural Heart and RUA Vascular should reduce R&D and Admin expenditure and conserve cash to provide a pathway for the Group to reach profitability. The continued emphasis on tight resource control is expected to help with this objective.

Our valuation is unchanged at £120.3m or 542p per share.

Shhh…don’t invite the herd!

It’s not positive, it’s just an aspiration which they have said many times before lol

Yep key statement, so placing is going to be at big discount..

That’s your placing forward sold and cleared…possibly

Cost control remains a focus of the Board, and Australian overhead costs have been reduced by approximately 40% including the reduction from two Executive Directors to one.

Certain one-off costs in relation to the business re-structuring, as well as some unexpected costs at Stanley, have depleted cash reserves. While the EP 145 farmin agreement includes a cash payment of AUD160,000 upon Completion, this is subject to government approval, hence the timing is not within our control. In the meantime, there are value adding opportunities that have significant short-term upside, including workovers to increase production at Stanley and installing artificial lift at Cinnabar. The Board therefore resolved that this placing of shares was appropriate in order to take advantage of these opportunities.

Yep massive contract…and after its recent troubles this shows confidence!

There would be a monumental squeeze..

Nothing available!

Getting ridiculous now!

50p may go soon

On progress and contracts..think this could come anytime now.

Counter-offers if made, don’t think BoD have to report straight away?

What profits, it’s as low as it’s ever been!

Collaboration with a top research institute is exactly what they need.