Morning all24 Nov 2020 12:22
So I decided to throw a punt into RMS, the level of positive / negative news is quite amazing!
For what it's worth, this is how is see things and my investment rationale.
- Major investor sales clearly screwed the SP from a decent high to 2.5p. they made 10x investment so took it out and will reinvest (5 min test etc).
- IMO there was a major investor was mopping up as major shareholders exited or the share price would have been back to 1p.
- IMO it's not the Doc buying, unless he has a few million stashed away in his savings account. Possibly a tie up with someone with the production and distribution capabilities to take this mass market.
- Product update / Order updates / Final cert update / Volz agreement updates are due, but this is AIM and there will always be delays. Par for the course.
- Potential major holder update as well??
- SP is holding up well and bouncing off the 2.5p bottom, fingers crossed that holds.
- There are a mass of people on the sideline waiting to see what happens, anything positive released via RNS will have the herd back in, in an instance.
- Doc Cave has gone quiet on Twitter as he had his wrists slapped over his tweet, school boy error, and I doubt he will be tweeting much for the foreseeable future.
- The shorts are all over this currently, but their expectation of 1p hasn't been met, so there is going to be huge noise on LSE and twitter as they try and convince everyone to sell :-) The reality is that the longer we stay at this rough level with no news, the more pressure they will feel.
- I personally thought that we would have a RNS this morning after the BRH 'explanation' they put out to their shareholders. We may still see that, it would make sense from a timing perspective IMO.
- BRH SP is way down from 50-60p month highs and clearly the RNS from yesterday didn't cut it as they are down today despite having more cash than their MCAP, I am speculating here but I think that any positive RNS for RMS will see money shifting from one camp to another...
- In terms of Volz , a couple of observations 1. they are currently updating their website, clearly to lead with the new P2F masks. 2. They have slashed the price of existing stock to make room for the virus killers and also because they were selling them at £1 each which is the price P2F are positioning theirs.
Don't want to comment on the share dealing which bought this down to 2.5p, AIM is a den of snakes, say no more.
Not sure there is much more to comment on. Based on the above I thought it would be a decent punt as did many others and the PI who threw £250k as this yesterday. Definitely high risk given all the unknowns, but also high reward, and my reward expectations are only based on the masks which is not the only play for P2F and P2F is not the only play for RMS...
Lets see where we end up. Buckle up guys, if you haven't jumped ship already,. no point in doing it now. Best assume it's going to be a bumpy few days :-)
DY
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