Member Info for Davand

Might we see a raft of newsflow in the near future now this update is out the way? Far enough away from the December disaster and directors gorging on cheap shares.

2p will do for me, though unlikely anytime soon. What happened to the 10x revenue valuation?

Stas, fair comment, I agree. It might just be turning. A new leader will also help matters .

404x..it is inline with expectations of £18-20M..Q3 is also Sept. Restructuring is expensive Inc pay offs redundancy etc.

Keep those costs coming down and growing sales should do the trick. Plenty of news to come imo now this update is out the way.

Quite a lot of one off costs in there. They will sell Taiwan imo to help funds into next year hopefully.

Tony, as mentioned they told us they will have enough until Q3 . That is still the case so no surprise there.

If Rees wants a return on his investment he will sell, as he can't do it himself.

Ranger alone must be worth more than the mcap?

Stas, good to see your new optimism. Long may it continue.

As Sorcerer said, they can hardly be too gushing at this point considering what happened recently. I do expect some near term good news rns though.

I think it's quite clear that this would benefit from being in the hands of a bigger player. They could be straight into profit with a clear out and able to invest the funds needed to accelerate revenue.

Remember they were looking for a couple of bods to do mobile PCR testing at one of their clients car parks in Luton or somewhere last year.

Maybe trying to make sense of what Hextall was doing?

It will put the cash runway to over 12 months they reckon.

2/3x revenue will suffice for me.

Wouldn't be surprised if they aren't looking for a buyer for the whole company.

In the next 3/4 months imo.

Why not?

I do expect Taiwan to be sold. The cash will last over 12 months then. Growth and much lower costs is looking good