RE: Place your bets12 Sep 2025 13:44
It's looking grim imo, surely the cash from the last fundraise is pretty well exhausted by now considering the monthly cash burn of c£350,000 and income from royalties etc negligible. The recently approved issue of 4 billion or so of new shares cannot be issued below .022pence so its stalemate on new cash.
Critically I doubt that any potential customer in their right mind would place an order with a supplier that is essentially in a coma.