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So 75p then.
I’ve heard a lot of people comparing this share to NCYT at the moment and a lot of people talking about the ocean between the number of shares issued. I don’t know why I bothered to work this out or if it is actually comparable, but here we go!
NCYT - shares 80 million (rounded up for ease)
RMS - shares 1.5 billion (rounded down for ease)
1.5 billion divided by 80 million is 18.75
So 18.75 x 3p = 56p
So by my reckoning if we had the same number of shares as NYCT we wouldn’t currently be at 56p. Do people see that as a good thing or a bad thing or have I gone into the rough?
Definitely! I would be having those students on it day and night! :)
Are these masks biodegradable? I can image in the near future that there will be big repercussion regarding the disposal of single use masks, similar to plastic bags in supermarkets - if you could make these masks biodegradable surely it would add £££ to their value?
https://www.google.co.uk/amp/s/amp.theguardian.com/environment/2020/jun/08/more-masks-than-jellyfish-coronavirus-waste-ends-up-in-ocean
Taken directly from the second most recent RNS;
Whilst the immediate focus is on the production of masks using Pharm 2 Farm's nanotechnology, this is just one near-term application for this technology.
What you are suggesting is probably something they are looking at and currently negotiating.
2+2 was used on the Spanish machine https://www.instagram.com/p/CIp7HSoK9aj/?igshid=591dn39qrw8n
I’m new to all of this but I do know that this stock has taken a right battering and is still managing to stay on its feet; similar to the first Fury vs Wilder fight! IMO all the day traders are out and we are left with the investors, Hence why the share price isn’t reacting as much to the perceived bad news. I for one am looking forward to a prosperous first quarter!
Thanks for your replies. Yes he hasn’t fully researched the stock and is very much a ‘safer’ investor and would very rarely invests in single stocks, especially penny stocks. I suppose he probably thinks he’s just looking out for me! GLA
This is a genuine question, not trying to derail or annoy people! I was speaking to my dad about stocks and told him to check this out as I had been watching it for a couple of months and was looking to invest. He sent me this reply;
“SYME have 32.75 billion shares issued, so massive dilution and the value is suppressed accordingly ie unlikely to ever get above a few pence unless they have some very unique tech.”
Thoughts?
@vivsky I have done exactly that. I was down on my UFO holdings but 50%, so decided to take it out and put it in here as I don’t really see UFO moving much until January, however I also a new investor, so I will probably get
It wrong! :)
If and when this sale goes through, I will buy back info UFO at a lower price than what I originally paid.
My only frustration is that I didn’t do it sooner to top up here at 27p!
I bought into EUA in September, but only have 3000 or so shares. I also bought into UFO on a bit of a spike, which is seeing me approximately 50% down. I don’t think there is going to be much movement on UFO until after Christmas, so I was planning on cutting my losses, putting the money into here and hoping that I can recoup a bit of money to then put back into UFO.
My question is (probably really will), can I still buy shares? I don’t have any spare money in my HL account to make sure I can actually buy!
So if that is the case then no production will take place until January at the earliest. Disappointing but not the end of the world I guess.
This might be the reason for the second (expected) RNS not arriving. Maybe they are producing the nano copper layer and Volz are just inserting them through their machines?
Not true, they posted;
“The directors of Braveheart believe that by combining the two shareholdings of P2F in RMS, and thereafter retaining a significant interest in RMS, the business prospects for P2F can be more rapidly exploited and resourced thus enabling Braveheart to continue having an economic interest in P2F without the continuing requirement to fund P2F. The directors of Braveheart intend to retain the RMS Consideration Shares for the foreseeable future.”
Trevor Brown gave an interview (someone posted it here) about having 6 investments, one being RMS and he described it as having all the horses in the race, ‘you know one is going to win, but you don’t know which one!’ He obviously thinks another investment can make him more money!
I’ve been watching the board for a few weeks now, trying to get my head and the language and the fundamentals..... I’ve picked an interesting stock in RMS, which is making it difficult to focus on my actual job! I’m just hoping the wife doesn’t check the joint account! :D