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Same Nomad as Gfinity, canaccord and gfin were made to do fundraise for that reason before publishing results I could be wrong but one thing I’m sure about is the BOD are lying about results and they and nearly 2 months later than they are normally issued so they need to get on with it
In the last trading update they warned of performance not as expected and as a result adjusted ebitda being lower, then in the forward looking statement they state this
“Cash flows are expected to reflect continued re-investment of cash profits into growth opportunities, in particular MY ZeERO to meet expected customer demand, and payment of certain non-recurring balance sheet items. It is expected this will be funded by operating cash generation and/or borrowings, as appropriate”
Now for me there are 3 reasons why they are so late in publishing results
1) underperformed and trying to get a deal over line before issuing results (would usually have had to issue a warning to the market) so unlikely
2) previous CFO messed up of fiddled the books trying to sort it out, again hes been in place since july so unlikely as hes had more than enough time to get figures sorted
3) Nomand has said the finances are too low and therefore need to raise cash before they can issue results
CFO joined in June or July! I’d say there is a high chance of either supply chain problems with things like solar panels etc or placing but placing most likely looking at last interims even states in it future debt as any profit being reinvested…
Update and full year earnings should have been issued start of October, although they technically have until December 31st they have historically always issued sept/October and company have verbally been saying they was being released from 1st week October and made several excuses… I think they trying to get a placing done tbh
Your £5k went through at 6.66 so looks likes the mms are filling a larger sell order and the current BID and ASK are false so although it looks like a sell when the larger sell order is filled the price will drop and we’ll get a more accurate BID and ASK then your buy would have looked like a buy but at time it was reported it looks like a sell because the price you paid is closer to the current BID than the ASK
33-35p has offered a lot of resistance that harder it takes to break through the stronger the breakout will be!
Don’t worry about the sado’s the derampers they could spot a good stock if it was slapping them in the face that’s why they spend all day posting on stocks they are not invested in, they tried lost all their money and now just bitter! I saw poo boo upset someone on Twitter as he’s back to deramping ANGS as well lol
This is you isn’t it Pboo lol
https://mobile.twitter.com/BeaterPoo****/status/1586028095785426946?cxt=HHwWhICj0cyJ2oIsAAAA
Lol you just copying what I’ve told you lmao. You lost all your money on UKOG FACT I don’t like to see anyone lose money which is why Im giving you advice and that is you are not going to make your money back trolling this board FACT.
Pboo don’t worry about me I’ll do well, you just concentrate on making yourself a happier life so you don’t spend all day every day posting on a share that you don’t even own I know you lost a lot on UKOG but if you used all the energy you waste posting on here to actually research stocks you might make some of it back. Wish you all the best