Member Info for Gracetrad1

EBITDA?

EBITDA is also a mechanism of cash flow, EBITA plus movement in working capital equals cash in/out flow, the question is how much of the £4m is going to be tied up in WC.

The only positive thing going for this is the ii’s the rest is a bad of crap.. less than 20% off ii’s investment actually pay off.

far bigger and safer option out there that will get you a return and won’t lose you all your money.

It’s gone from a £300m Cap to £3m how many red flags do people need!!!!

Anyone who invests in this now either can’t read, is a massive gambler or quite simply just crazy..

Company that generates no cash or revenue goes to suddenly generate 500k cash per month, Im sure the breakeven presentation included a rainbow and a pot of gold too..

DD would you buy shares in this? Doesn’t matter anyway it’s all smoke and mirrors, the company won’t be around in a few months anyway in my opinion.

They haven’t got a CFO, he got booted out with the previous CEO.

Don’t they have to notify on director dealings?

But why not do a trading update before a raise, why discount the warrants if cash in coming in? The why the where’s! Ya pays ya money ya makes ya choose.

Because the cash balance at aug 2023 was 2.5m, they’re spending 500k per month and they just raised another 1.6m - you do the math!!

Where do you suppose cash is coming in from? Have you seen the financial number??

IP group, Invesco ,walker crips , Woodford investment fund, to list a few who all lost significantly more than conacord are going to lose on this, I’d assume that they weren’t run by donkeys too, these guys are a mere rounding error on their balance sheet.

Anyone can lose their own money where ever they want to. I was just correcting a misleading statement from someone who’s done no research.

They only have 3 month of cash left even after the fire sale of options.

Based on their own forecast of breakeven December 2024 (hahahaha) they will need to raise money again in April, with only a couple of institutions taking up their options it suggests institutions are losing support.

“Cash for the year” wow either a blatant ramp or someone’s not even done some basic research.

Cash in for year???

I’d assume that they had the nod from some of the institutions otherwise this is a massive gamble.

How much capital does 1.5m share raise?

This is probably the last month they can afford the payroll, I hope for their sake that everyone is leaving it until the deadline.

They don’t know anymore than anyone else does that would be illegal, don’t get spiked

Not entirely Xeros focused but more of a muse!

Should companies that rely heavily on plastics for there operations be heavily regulated? Every company you look at says they recycle the plastics but with less than 10% of plastic recycled world wide how can that be the case!

It’s concerning that they don’t even know how much revenue they need to breakeven, and I quote 7-9 million quid. Begs the question how they can forecast a breakeven point when they don’t even know there own margin.

I honestly thought that they would get another raise off but now I’m not so sure.

Why are they pitching to PI’s? What happened to all the institutions! Ran for the hills I’d imagine and who could blame them.

All these director that speak on this cringy pitch and talk about how excited they are about Xeros, well Mr directors, lead the way and actually buy some shares.

In my opinion because not one of these filters will get anywhere near a domestic washing machine, if they think the industry is going to give up 250m a year in annuities there deluded.

The same as not one IFB domestic machine has been made, it’s not even on there website.

Although I would add it does sound much more positive than previously.

It’s absolutely insane that people are buying at this level when the company reported just yesterday that there low on cash.

They need another 6 million (probably more) to get to there ‘cough cough’ breakeven target of December 2024 .

Funds needed 6m, market cap 4m, dilution you do the math! Just wait a month or so and get this much much cheaper.

Anyone that’s still in this deserves to lose there money!! If they can’t see what’s coming then there’s no hope.

Net cash outflow from operations increased by 19.7% to £7.0m (2021: £5.8m). Cash at 31 March 2023 £4.5m.

Must be fund raise time!!!

By the way, there’s already loads of these designs available.