Member Info for RoyalM

We will all be happy when the next few big milestones are met within the next 6 - 12 months. Ignore the noise and sit tight as hard as it is sometimes. Like most here I'm frustrated at the fact the price drops after good RNS's but with no risk there's no reward.

Typical as I am coming into some dry powder at the end of the month to put into GST. Preferably it's still under 1p then... But not so sure it will be.

I think the results we just had has reassured a lot of people and renewed optimism where there might have been doubts. There's huge upside to this and I think that's becoming clear. We have found a decent platform around 0.7, which I think should find it's way back to a penny soon enough. After that, RNS's will dictate which direction we go. GLA.

Well now you've paid off their mortgages, try spending less time whining on this board and go and spend meaningful time with your kids and offer your meaningful opinions to them instead.

As far as I read, it was a really decent RNS and the fact there's over £4m cash on hand with an annual loss of just over £1m, there's plenty in the pot. Would be surprised if there was any dilution within the next 6 months. Pretty confident within the next 12 months there will be significant milestones met. Still a very attractive investment despite FCA setback. Shame about the price action today though.

Agreed regarding it being unlikely for acceptance, but you have to admit Shayne Tan gave an over-confident interview, giving the impression acceptance was all but a formality.

Realistically, not getting FCA approval first time round was a set back. Market reacted badly and still might drop further. But looking at the MCap, for a growing company with guidance of Jack Bai who has invested heavily, it's decent value. Just hope they can get over the hurdles sooner than they will need to dilute shareholders again.

And there was me sitting uncomfortable at around 1p average. I personally feel that it is a second class option. I think it was very much a standard "you've failed but have a gold sticker" sort of thing. I'm sure they will work it out but who knows where the SP could go in that time. Tough one to call.

The PR needs improving that's for sure!

The issue I have: if the FCA refusal is not actually a big deal, why have the BOD emphasised it is so much?

I'm gutted we didn't get the thumbs up, I've now been forced to trade it when I never intended to. Sold at 0.7 and waiting for re-entry. Not sure if I will time it right or not but I need to recoup something after that huge drop.

I don't know who has access to L2 can identify critical resistance values as an indicator to when this downward trend might start to level out?

As positive I am on the long term, there isnt much to be honestly happy about today. The innovation programme is just a default response as part of failing, and it may or may not pass in the future. The uncertainty is here for a while longer as the company uses capital to continue it's endeavours. If it hit 0.3 previously I will be looking for similar levels to add again. Good luck everyone. I hope they can turn it around with the expert knowledge on the board and Pinsent & masons guiding.

At best it's a delay, at worst it's the start of the end. Depends on your appetite for risk.

I don't even know where to begin to address that level of moronic comment. Just carry on doing whatever you are doing, if it works for you then great. I'm here for a LTH and an incredible return on my investment, not to change your opinion. GLA.

Commenting on a share price day to day is pointless. Nothing has changed since them stating it's a delay with the FCA's side. It can't be helped. If MM's drop the price/people are selling due to impatience, that's up to them and just part of investing. It went from 0.3 to 1.8 in the blink of an eye.

The good news we are waiting for, that could drop anytime, will price a lot of people out.

When this does take off, I really couldn't say when the time would be to take profit. I wish I had better trading know how as I feel this could be great after the news has settled, knowing how far the profit takers will drop it down to to reload. I feel this company has a long way to go until a probable buy out. Interesting the BOD have already mentioned this.

I never said there is a delay, I said if there is a delay. Different use of language. I can't predict the future but I do know that there is only a day left of this month and if news doesn't land tomorrow morning, the market tends to react poorly to missed timings and usually a drop follows. Just pointing out the obvious in a way. I won't be trading it but will top up.

Well, looks like if it's a further delay then another good buying opportunity might present itself or we are all making money today. Either way, pretty good situation!!

Lloyd, you are not the oracle. You don't know the future.

It's the delay of the FCA news that's caused the caution. Understandably as I guess the bookies odds would be against an approval as it's such a big thing to nail first time round. Thing is the bookies often don't do enough due diligence and get it wrong and clearly plenty of us happy to take a gamble in the hope that we are rewarded. Not sure why there are constant moans from the same people on here whining about a 2% drop. We are sat waiting for potential 400%+ rise from here with good news...

I have been invested here some time like many here. This RNS has got me stumped - when we are awaiting news, which has been implied by Shayne Tan that it will be positive, why put a placing at 1p? I am very positive on this company's outlook but I do question their financing decisions. They need to be more transparent imo. Does this tell us anything about the likelihood of FCA approval chances?

GST struck out of the water then by sounds of it then?

Probably about 100 positive RNS's away from £4 so yes it's possible but not anytime soon... 10p would be one hell of an achievement. That's certainly possible short - medium term.