Have held this since mid June. Been looking at the fundamentals again & if the large contracts alluded to with upfront payments don't materialise the I'm afraid that funds will soon need to be raised. Company has been burning roughly 3m half yearly & as of June 19 had cash 5.9m. I'm in for the long term here but anticipate a fundraise sooner rather than later. IMO.
RE: Presentation from Nov 2019 - interesting read28 Jan 2020 21:09
Been adding as a speculative punt. 1.230m polymetals shares still in the bank doubles the mcap. Any news on collaboration with decent pharma co or marketing application & I think this could move quickly back to 20p. Cheers.
Added today, company finally seems to be finding its feet & getting its act together. Fundraise should see them through to 2021. Awareness of their systems being pushed now. Hopefully increasing revenues. Cheers.
Can sell for 8.6 so I think that 9p will be reached if not today then this week. Only one way I see this going with increasing licensed revenues. Cheers
Good business done again with USAF. Would like to see them expanding their technology more into the civilian markets. Generating revenues next set of results. Cheers.