Allo Allo! I shall say this only once!!9 Jan 2023 12:47
Start up business's such as this are budgeted for a loss over several years.
In order to generate eventual multi million pound revenues and maybe even profits. Business must engage in development, roll out, and marketing to name but a few items that cost many millions. Trading on public markets is not cheap and as you appreciate other regulatory cost's such as FDA, CLIA, ISO and many other things all come at a cost. Ever wondered how much it cost to get Parsortix through a rigorous process with FDA? How much do studies and trials cost to arrive at a successful conclusion?
The reason low or no revenue companies such as this (I would include most AIM companies in this category) rely on fund raising is to fill the gap until revenues arrive in sufficient volume to not only break even, but to make a profit. This is basic business and should have already formed the foundation of your research!! It really should come as no surprise you any of you that funds will need raising in the future.
And to the derampers. I would point out that in the entire history of Angle is has seen hardly any dillution and currently has no debt! Not only this but it has been an habitual achiever especially in the last 8 months.
But no, you make your own decisions. Don't let a little word like fact get in the way!