Be careful here , this is not a deramp . Look at the money this company has burnt through . The water is to shallow to take large cargo, it need's to be dredged , they will struggle to achieve the amount of revenue to pay down the interest never mind the now huge debt.
A further update will be provided on or before the Company's annual results, expected to be released in mid-May 2018.
Why have they not been published.
BIGBangs, an easy way to describe an Uncrossing trade ( UT ) is just the balancing of the books after the close of the market. Not really relevant to closing price or trading history.
RE: Rising nicely on more large volumes15 Jun 2018 15:09
HeresHopin , well done bud. I just sold half mine at 120p , will let the rest run but will defiantly buy back in if it drops. Like this company the more i read . GLA beer o'clock and footie .
That from the RNS Biomarker analysis of Phase III INTEREST trial 14th june. I wonder when they started to preserve cash. If only around £10M that wont fund a lot of work.
The Company has initiated a cash preservation program by suspending the Traumakine commercialization activities and regulatory filings and minimizing the cost burden on Traumakine manufacturing and general and administrative costs.
So we have to take in to account less cash burn going forward.
The company had a cash balances of €10.3 million June 2017. They raised £10M in Oct 2017 , £15M in Feb 2018, and now have €18.7 . Do we know there cash burn.