RE: Great Day3 Dec 2020 08:41
Newboy as long as you made profit ....that's all that matters.
I think the best news is that they have moreorless scrapped the covid test and will not be cash hungry anymore. They have also made us shareholders very happy today.
"Braveheart also announces that on 5 and 6 November 2020, it sold a total of 120 million ordinary shares in RMS at a weighted average price of 2.6265p per share, realising gross proceeds of approximately £3.15 million. The net funds receivable by Braveheart are primarily intended to fund the COVID-19 test project, as required and assuming it continues to deliver the results necessary to justify continuing the project, being conducted by Paraytec Limited through to a point where it is ready for commercial launch."
After the dividend we only have £2.6m left and this contradicts their statement.