Results Due22 Oct 2015 09:25
So guess your expecting another £1.5 million plus loss for the second half of the year. Two new directors and one staff taken on in June could push the losses up.
So from £6.6 million to just over £3 million in cash in 18 months. This is a high cash burn business and very high risk just look at GRPH to see where this is going in 12 months time.
One big sell off and this will drop like a brick.