not a ramp...just a question

I haven’t been a holder of RTM.
So, firstly - sorry to holders who have lost.

But looking at chart and 34% drop today related to ann telling market of MME denial of application, could this be due for a good bounce before close or tomorrow.

Buyer depth is building…

Question to RTM followers/holders:
What happens if they get information from MME stating reasons for application not being successful and they re-submit with success??
The sp should then recover in forwarding weeks. In the ann, they state they have written to MME seeking reasons for refusal…

Any opinions welcomed.

Cheers
rc