Rosslyn Data Technologies Share Discussion Threads

[daicaprice] 12/10/2023 10:32

You managed to tick it up just by posting Harry.

DC

[harry163] 12/10/2023 10:22

No communication is rarely good news.
There have obviously been no significant wins and client attrition does occurs over time. Not hearing about wins and/or losses is very concerning.
If there were meaningful clients losses during the money raise, was this information communicated to potential investors with updated ARR and revenue numbers.
The burn rate is increasing the cash diminishing and the share price tanking. This BoD will keep spending investors monies on themselves, their friends and family until the cash runs out again.

[daicaprice] 11/10/2023 18:53

It could well be but I’ll be happy to take a stake if it drops any further, it’s just gut instinct and they have impressive clients.

DC

[maty] 11/10/2023 17:49

Oh dear can it be worse

[pinkfoot2] 05/10/2023 10:54

I’m convinced it’s a technical forced seller and the stock will get hoovered up-thin market exaggerates swings

[turbotrader2] 05/10/2023 10:34

someone keen with a new 4% holder

[1jki] 05/10/2023 10:28

No announcements of any wins for the last 6 months that has to be a problem. Last year they announced a £15K win!. Interesting to hear at the AGM what the current ARR is. The market cap is only 30% higher than the net cash balance. Too late to fire the BOD there's only 6 months left before the next funding requirement if sales aren't coming in.

[pinkfoot2] 04/10/2023 22:05

No-I think Gresham may need to sell having changed hands recently.We will know soon enough but I don’t think it’s anything to do with the BOD or trading-just a very thin market

[kemche] 04/10/2023 20:27

Is the technical reason the BOD?

[pinkfoot2] 04/10/2023 18:03

I reckon it’s an institution having to sell for technical reasons-Gresham?

[stuart14] 04/10/2023 16:38

From 1700 to 15. No wonder people hate AIM. This was pure garbage when it listed and hasn't improved since

[kemche] 04/10/2023 15:01

Another consolidation and raise already???

[babbler] 04/10/2023 14:19

There's the print. 800k

[babbler] 04/10/2023 14:12

Maybe. But someone is selling today

[cloudwars] 04/10/2023 13:41

I'd assumed Amati's decrease in % terms was down to the recent dilution - not that they were selling down?

[daicaprice] 04/10/2023 13:41

Crazy 30% drop on what is under £5k of published sells, got to be some value from here surely?

DC

[babbler] 04/10/2023 13:37

Amati getting rid of the last few? Had 700k left looks like 300k offload today

[cloudwars] 04/10/2023 13:27

Very low volume - unless there is a large trade in the background. Options are exercisable at 25p so it's in PW's interests to get the share price going northwards. I'm more interested in the calibre of client they are pulling in. (Things may be far better behind the scenes than the share price would indicate) Time will tell etc.

[private38] 04/10/2023 12:27

@harry163 - I am presuming Ms Kimura is connected - it doesnt surprise me that the firm is being filled by friends and family. What is unacceptable is the Chairman has not dealt with this. His leadership is shocking at best. The stock has been consolidated for liquidity reasons etc (balls - the real reason was to cancel their options and reissue them), they raised £3m on an exciting future, and the inked has hardly had time to dry and the stock is down today by a whopping 25%. It is very simple - if the CEO had a moral bone in his body he would walk, if the Chairman had any leadership he should fire his CEO if he didnt resign, whilst let us not forget the institutional investors who have been stuffed with this stock by the broker - why aren't they calling for his removal? The CEO has failed and is failing.

[harry163] 04/10/2023 09:42

@hastings - FYI

www.linkedin.com/in/maya-kimura

[hastings] 03/10/2023 18:22

Very interested on the "friends and family" aspect. Can you possibly expand?

[harry163] 03/10/2023 10:43

The company now has a market cap equivalent to the cash in the bank, i.e. no intrinsic value. However I am sure that by now at least million will have been wasted on spurious marketing and self-serving purchases.
I feel sorry for those gullible investors who bought into to the Board's rose tinted forecasts for 2026 revenues. This team are incapable of delivering any coherent strategy and certainly are incapable of growth.
Spending other peoples money is very easy, making it is harder. This CEO has not bought a single share, has increased his own salary wherever possible, employed friends and family, hoping no one would notice and generally feathered his own nest with investors funds. AIM is still a hiding place for scoundrels.

[1jki] 03/10/2023 09:03

20% drop since consolidation. V.depressing.

I wonder if they will get the AGM announced this week so that they can at least hit one deadline. Last year it was 2 months late. Not sure it will be anything other than the same rhetoric spouted for the last 2 years though!

[hastings] 30/9/2023 08:57

Given that they apparently splashed all the previously raised cash (circa £6m) on product development it is perhaps surprising to read the comment below from the recent Broker note. They must be developing some product!Equity funding to accelerate the growth strategy. In order to accelerate the next phase of the growth plan, £3.3m (gross) (includes £0.6m of credit linked notes) has been raised to fund *product development* and to expand the sales and marketing teams. We anticipate the Group will reach profitability by FY2026