RE: I smell a positive rns19 Dec 2022 19:31
After event twaddle.
£6.5m cash in bank to implement turnaroud strategy which company has so far been correct in all that they have said. Just read RNSs and listen to latest presentation to see how the transformation has been. Beginning of year cooay had been cast aside by government which left them in a position of losing approx £500,000 a month. Company firstly stored part of that loss and then proceeded to stop the further £300,000 a month losses. In the meantime they were able to sell their manufacturing site in Alva for £1m. Then managed to sell there Visitect CD4 test for £6.3m, which they currently have received £5.3m and have a further upto £1m royalty payment. Which company are confident in reeivig. Just like they were confident in receiving the £4m payment,which some on here kept on saying they would be lucky to receive it. See company knows best, not others here. So when Company says they have a strategy for their Health and Nutrition business, and that it is cash generating and profitable. Who should you believe, those which were shown to be wrong before or the Company.
The famous five have posted all sorts of false contents here and scaremongering tactics from talk about an Overdraft not being renewed. (Which wasn't needed or being used)To even a Rumour about a suspesion,which in fact turned out to be just that a Rumour.
They are the first to post aggressively and sometimes even threatenning.
Best thing is to listen to Company.