Member Info for graham-wales

Looks like they going down again

I take it they are looking for more money here.

Not showing again pathetic

Sorry £11 million not £13 million.

Cheers. I guess that's the reason no dividends were paid. Preserve cash just in case. If they are projecting sales of £13 million then they will need some big contracts to replace that amount.

Sorry was wondering if the last contract with 800k had been included in the 2016 order book.

Was the £800k contract included in the £16 million work bank do you think. As it seems to be included in the projected revenue.

Shorts going back on perhaps

Guess what the jam tomorrow share is now the jam today and this year share. PEG look after their own and no one else unfortunately

Fallen like a brick

Just giving my view on things here nothing more

No idea but as you say why would Mm's not raise the price if so many buys are going through

Probably a sell order at much lower price. So have to get buyers to pick them up before declaring more like.

And falling order book. Not good IMO. High speed rail may give them a boost but no idea when it will go ahead.

Perhaps you need to do due diligence. £2.97million not £3.3 million net. Like I said though one to watch for the future. The Directors intend that the net proceeds of the Placing receivable by the Company (being approximately £2.97 million net of the expenses of the Placing payable by the Company) will be used to expand the UK and US sales force, increase investment in marketing and PR and expand production capacity. The balance of the net proceeds will be used to increase investment in working capital and capital expenditure.

Which is why i stated there are problems with graphene products and nothing worthwhile on the market. Like i said they have to reduce expenditure and get some sales before the next placing. GL

how many they sold so far?

so come on then clever cloggs post some examples where its working with other materials and a saleable product.

Only lost £200k and have £3 million in the bank. They have recurring revenue and looks like they will be in profit next year problem is not enough shares in freefloat. So guess as you say watch and wait to see if it will go lower. Not sure it will though.

Problem with Graphene is it's an unknown material to incorporate into other materials so could take years to see any real progress here. Cash burn has to slow down or they will be going to market for more money at a very reduced price next year.