Rm2 Share Discussion Threads

[csmwssk12hu] 26/6/2019 09:28

£200 to 6.5p has got to be a record for shareholder destruction

[pugugly] 26/6/2019 08:10

My my - The fat head office cats really pulled the wool over Woody's eyes - Great idea from those so isolated from the real world of warehousing that they were able to enthuse those who were city-centric and were also too far removed form the oily-rags who would have to use the new fangled - super heavy VERY EXPENSIVE pallets which initially were too slippery -
Is this the end of the road for RM2?

[escapetohome] 26/6/2019 07:59

Possible suspension of shares.
Possible unable to get funding.
Company burning through a whopping 2.3 m dollars a month.

Well done woody!

[bad gateway] 26/6/2019 07:37

Nearly bought these after the last trading update where they whittered on about pallet movements.
Thanks to the bears on here explaining that "pallet movements" was a nonsense statement I didn't.
Thanks bears appreciated.

[mattjos] 24/6/2019 19:16

Who on earth is buying any of these? Beggars belief

[topvest] 24/6/2019 18:40

Yep, an unbelievably stupid business idea bankrolled by Woodford. As if we really plastic pallets in our oceans, which is unfortunately where some would end up! + you chip the product not the pallet.

[charo] 24/6/2019 11:06

Ready for suspension due to late accounts.

[phowdo] 24/6/2019 10:33

It's getting there...


phowdo - 26 Mar 2019 - 15:55:05 - 1016 of 1043 RM2
Another 6 months should see the shareprice back to where it was before the 1 for 200 consolidation.

[my retirement fund] 12/6/2019 17:07

He won't unload this, no one in their right mind would want his stake!

[mattjos] 03/6/2019 18:14

Woodford fund in big trouble now. What price RM2 if/as/when he unloads here in coming weeks?

[ltcm1] 29/5/2019 11:27

You would think with a name like Woodford Neil might have worked that one out.

[mattjos] 20/5/2019 17:36

FYI..

visited George Utz today .. plastics moulder:



They make plastic pallets … guys there said they cannot shift them as customers want wood still

[dexdringle] 09/4/2019 13:20

...the shares or the directors ?

[phowdo] 05/4/2019 14:34

probably closer to their true worth too...

[dexdringle] 05/4/2019 14:01

It is only a small step away from paying them in 'magic' beans.....

[phowdo] 05/4/2019 13:56

Over 2% dilution to pay the 7 (yes seven - count em all) non-exec directors.

[ltcm1] 02/4/2019 11:04

Sounds like RM2 has become the go to pallet for your international coke smuggler!

[dr biotech] 29/3/2019 19:30

Well my post was surprisingly on the ball. Still been burned on this one before so I'll leave it on the watchlist for now



Dr Biotech19 Mar '19 - 08:42 - 1007 of 1029 Edit
0 0 0
There is a market in the pharma industry for non wood, cleanable traceable pallets. Whether this is really worth pursuing is anyones guess.

[rathean] 29/3/2019 08:40

Agreed, borrow to 'grow' means Neil has slammed the proverbial in their faces when they presented the begging bowl again. Good that their single customer is bought in though, if only they'd reached this stage 12 months ago and built on it.

[dplewis1] 28/3/2019 17:06

I remember buying this at the IPO and sold out at a hefty loss. I just bought more about 5 minutes after that RNS and am hoping to make back what they owe me!

[jimmyloser] 28/3/2019 17:01

dex, are you now a happy bunny again?

It is early days in the new era but this is very encouraging news to me.

I expect more than a muted reaction to be honest