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Only poster without brain can send a massage like that on BB..lol
What on earth is wrong with you lot? That message basically says everything is progressing as envisaged in previous announcements, hence no need for a new update. It’s a reassurance that nothing is wrong. Therefore, they will announce news when something newsworthy happens, or when the time comes for the next scheduled update, whichever is sooner. If anyone has seriously sold on the back of that message, they shouldn’t be investing / possibly shouldn’t be let out of the house
There are some terrible and nervous investors/traders around.
Really hope we do so i can pile in, over-pile in fact..like a tub-load of anusol 😆
Nervous investors???-you will see tomorrow morning real nervous investors..two decent sells was few minutes after yours post...thing, before u make any move...the only nervous investor it's you
The £4.4k is a buy.
Let me guess, it was you who dumped £10k below the bid based on a misreading of that message? Need 10s tomorrow to get back in?
;-)
Oh,really??..if 90k was first at 11.5 then next sell looks naturally at 11.2...and tomorrow first sell will by at 10.8...and don't make me guilty for that...we all know, who is guilty 😬
Oh gawd, you mean you sold nearly £15k?? Ouch
Nerves of steel here. I have made my bet and I will ride it out and not cashout on a weak hand. Unlike ........you maybe
What is that??-apologize??..I'm afraid is too late 🤔 milk is on the floor already
whats already to late my little ***** cat..... you spilt the milk and are apologising ..... no need to apologise for selling at the bell. everyone sells at some point.
Aged well 😆
What’s causing this drop then ffs
The usual, boredom. Until investors outnumber traders, expect days like today, exaggerated here by the minuscule float.
That said, think the delayed at 11.6 was a buy- maybe an investor 😉
Small volumes and today 2/3 of the volume was from three large purchases (116k, 57k and 50k). Daily marks up or down by MM's should be ignored. They have a duty to balance their books daily, we holders don't.
Yes, aside from an opportunity to add, the daily ranges are fairly irrelevant for holders awaiting a significant re-rating that could come instantly with news on the MTA or more gradually as the contract manufacturing side and particularly the contract with the gobal company increases revenues.
I see the Cavendish morning note in April following RUA's year end results this year observed there had been a significant smaller reduction in cash to £4m cash rather than their previously estimated £3.3m.
"RUA LIFE SCIENCES (RUA): CORP Strong strategic progress RUA Life Sciences has provided a business update for the year to March 2024, noting revenue shortfalls experienced in H1/24 have been made up by a strong second half. Revenues for the year are therefore expected to be in-line with our forecast £2.2m, while the company notes gross margin will exceed our forecasts, with operating costs remaining tightly controlled. RUA Life Sciences closed FY24 with cash of c£4.0m versus our £3.3m estimate. The company reports significant progress towards its goal of near-term profitability through growing its contract manufacturing business, noting strong progress with a ‘global enterprise’. Finally, RUA has completed a Material Transfer Agreement with a global Heart Valve company covering its composite heart valve material. We believe this update demonstrates excellent progress against the company’s revised strategy."