The company WITH cash is viable. The company without was not. So it is certainly worth more today than yesterday.
They certainly need to do a reverse split in the future and knock a zero at least off of the number of shares outstanding. Economically neutral but optically better.
The company always had to raise but at least now they have the cash to push sales until Q1 26 otherwise they would have had nothing.
I will hold my hand up and say that 1p came as a surprise even if someone on Advfn was calling it. But there are a lot of permabear trolls around whom I prefer to ignore.
I will fully subscribe and check back in a year. It’s only an odd lot in my total.
RE: Weekend approaching 17th & 18th15 May 2024 17:53
If you read the press release about the American Thoracic Society symposium it is very impressive how many lectures given will be about the use of Xenon MRI