RE: It is said a good salesperson can sell almost anything. The sales team8 Jun 2025 20:42
The have paid big money for profitable or large scale companies not minnows struggling to find a way forward . It doesn't mean they can't get there but they have made many mistakes along he way and this time left themselves in a position that isn't good. Low on cash ,high losses and low revenues . To turn this around will take a serious deal ,without it they are in trouble no two ways about it . You can say funding is normal but when it's at ever lower prices there is a point it becomes a problem as it wipes out the upside . Now is such a time 400m.shates at 5p would severely dent any upside in the future . They need either a cash injection from one of their bigger players or something otherwise it's a raise .
Nearly 800m shares means 60p would be a 500m mkt cap and they are a very long way from such a mkt cap being achieved . Hope you can follow the issues . Whilst it remains possible a deal may come along it's at what point down the line it comes if at all . How long are people prepared to wait before they say it's not coming ,what would be an acceptable deal and size ?
The chart is pointing towards a 5p placing imo let's hope they can get a deal before that happens . The losses have been far too high for years now without delivering any notable sales increase . The kits they launched last year have hardly made any sales and most oncologists haven't even heard of angle or parsortix despite all the numerous papers published .
Things are far from rosey hence the 7p shareprice ,funding being the biggest concern near term . Still let's hope there is a deal getting announced next week . The Ned leaving with immediate effect last week wasn't a good sign given her express in financing and merger and acquisitions were touted when she joined . More questions than answers with agl always been the case