Trading Update...17 Jul 2015 10:57
Ahead of the interim results for the six months ended on 16 September 2015 are broadly encouraging-ish. LoL
* 'Strategy to move away from the UK & the unresponsive NHS "has made good progress".
* "Group sales (in statutory reporting format!) are expected to be approximately £2.7m (2014: £3.0m)....
.....Monitor revenues £0.2m behind unusually strong 2014 but on plan
.... UK market remains weak as NHS financial problems continue, UK revenues of £1.4m down 13%:
* New product launches and marketing campaigns anticipated to impact positively sales in H2 2015
* Cash available at 30 June 2015 was £1.3m vs. a declared £2.9m in 2014 Finals (announced 11/03)...so could still see a placing?
As I noted a on the 24th of June, last...
"The last placing was in June 2014 at 11p & raised £4.2m ( net of expenses ) so I am cautiously optimistic.... (double speak for "I have both my fingers & knees crossed" LoL)... that any buys at this 6.2p level should prove profitable. BWTFDIK?!"
GLA & best regards,
Blue