Rua Life Sciences (LON:RUA) - this company used to be called Aortech5 Apr 2024 12:45
Stockopedia comments....(illuminating)
Paul’s view - this heart valve materials technology sounded vaguely familiar, and it turns out thisRua Life Sciences (LON:RUA) , which I remember from old. Several generations of investors have become excited, then disappointed, with its failure to commercialise what sounds like interesting technology. It floated on AIM in 1997, amazingly! I wonder how much the listing costs, and Directors fees have been over the past 27 years?
It’s making some positive-sounding noises today, so who knows, maybe it’s making some commercial progress at long last? The recently raised cash pile means that we don’t have to worry about solvency for the time being, with maybe 2 years’ cash in the bank? There does seem to be something interesting hear, but people have been saying the same thing for the last 27 years.