Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
My background is my business. But you read this board you would know but probably would not believe!
Stocks trade at an all-time low for good reason, and never in my life have I been taught or indeed taught that an ATL is a screaming buy signal! Lol
ProJo
Until June means until June ie End of May. Period.
The funds included an expected VAT rebate say not in addition to.
The R&D tax credit is a possibility but how long that takes and how much they did not give any indication pin the previous RNS. If it was material to the survival of the company then surely they would have been more specific in terms of size and timing
And btw Latino the cash until June included the expected VAT rebate
2 weeks until June so:
£125k cash left approximately
£250k per month burn rate
£1.1m mkt cap
Gap filled Pro Jo?
Erm that would be because the stock is trading at an all-time low!!!!
And you think that’s a positive?
Back to trading school for you sunshine!
A gap in the charts?
And a hole in the accounts……
You got that bit right ProJo!
You can buy the whole company for a £1m Loss Jock, you and yer mates …..
Loss Jock?
Mkt cap @ 0.04p is £1.1m
There has to be an RNS today to address this and update the company position
Trisor
The SP has been in decline for 2 years. This should tell you that most are reading the RNSs in a different way to you. That should ring alarm bells.
The trend is your friend Trisor, if you take nothing else from me then please remember that. The SP action over a prolonged period does not lie.
Trisor
I didnt say you were a trader, but having a long position going wrong is the same for anybody, trader or LTH. If you are saying that in future you will refuse to consider selling any bad position , based on the fact that you are a LTH, then respectfully you should not be investing.
Anyway genuinely good luck Trisor, you are one of the few decent chaps I’ve met on this board.
We all have the same information Trisor, and you being invested has clouded your ability to critically think IMO. And that’s normal. Trading is as much about psychology as it is about fundamental analysis
And Lanstead should know more about this company than any of us. If you don’t t believe me, why not believe Lanstead?
They have no money and no marketable products Trisor
Trisor
I take your point re ridicule but not with regards to your “impossible” decision re the RNS.
A decision to hold or sell is binary. And you don’t want to sell. Even now. Despite all the evidence and history of failure. FOMO is a powerful thing
UG
It’s not just based on believing the RNSs, it’s also the inability to accept that a person is wrong with a stock position. One of Castle’s quotes for instance was “Never sell at a loss!”. So many people on here also believe that “a paper loss is not a loss, it’s only a loss if you sell”.
Hmmm