RE: Result14 Aug 2018 14:44
They already tacked on extra funding to the last acquisition for a placing which was imo just a smokescreen to grubby for money when due to their public pronouncements they couldn't easily just say "we are in dire need of cash." Looks like the acquisitions bought a high amount of intangible assets .Intangible assets 2018 £4,464,257 vs. 2017 £769,983.
If this company was progressing as it says then it would be able to pay for expansion through its own revenue. Even I could run a company in the FSTE 100 which is loss making but wheels out placings every so often while promising jam tomorrow.
The best argument for the share that holders/proponents can muster is that there is better times around the corner. Same as the Board parrot every time. The difference is the Board are taking it out. You guys are putting it in.