I see Letts has helped himself to another 500k of share options at 66p. Letts (ha!) hope the company is still around in four years time when the options are exercisable!
I bought a loaf of bread in Tesco tonight-Tesco is an international service provider too but I don't think they will be issuing an RNS on the back of my visit. Basically the Blur board are desperate to demonstrate verification of the business model-hence the RNS.Sadly the real test is cash conversion and there's no evidence of that. I expect another cash call shortly on the back of the 'verification'
Here, here......having bought in at £5 a share I would certainly like to see some cash and profit to get this share back on track. Blur seems to keep its head down these days and as much as its good to get a positive RNS I am not surprised that it is on the usual lines of 'more orders' rather than something actually tangible. Come on Blur!
Well it is good to see a few more decent size companies giving the platform a go, but what we really need is some good news on hard cash and profit.
4 Dec '14
We should join forces Salty-the market is stuffed with blue sky companies just now.High SPs propped up by illiquidity until the music stops ie cashflow.
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