FrxRichView and hyperlinks

The TFrxRichView object does not support hyperlinks, so I would like to detect text starting with http and ending with a space character (or can I use my own start and end tags) and dynamically create a new Memo object with the same hyperlink above this text.

The only problem is determining the position and size of this new memo object.

Is it possible?

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Rich Text Editor. To edit a paragraph's style, hit tab to get to the paragraph menu. From there you will be able to pick one style. Nothing defaults to paragraph. An inline formatting menu will show up when you select text. Hit tab to get into that menu. Some elements, such as rich link embeds, images, loading indicators, and error messages may get inserted into the editor. You may navigate to these using the arrow keys inside of the editor and delete them with the delete or backspace key.