Rights Issue Imminent?14 Aug 2024 07:35
Cash down to £1.4 million even with the expect increase in revenue and contract. They need a raise or sell out. I bet investors want a quick exit at a modest price if possible at this current rate.
"This expected increase in revenues and contract wins will improve cash and EBITDA performance as compared to the existing market expectations of £1.4 million cash and £2.1 million EBITDA loss respectively."