Hello,

I believe that the recent fontification rules still need tweaking.

Here's a MWE:

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*bold*
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Here's a more detailed version:

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*bold*
^ above does not work
*bold* this works at the time of typing.
But on saving and doing =revert-buffer=, the fontification goes away.
This *bold* fontification stays (starting emph char *and* ending emph char
not at BOL/EOL).

Looks like fontification is lost if emphasis chars are at BOL or EOL.
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It looks like this (attached).. notice that the *bold* fontification works
only when the emph chars are neither at BOL nor at EOL. The same issue is
with all emphasis variants: italics, code, verbatim.

-- 

Kaushal Modi