RE: looking poorly.13 Dec 2022 11:10
Kotichava
Do you think they got £40,000,000 to actually buy back shares with? They got £3,000,000 or had that amount in cash but that is eaten up completely by debt and with trading deteriorating that cash will evaporate entirely. Leaving them with the option of another fundraise. Not good at these levels to issue more shares. They got a while left though. The brand looks good but it makes no money. Things could get a lot lot worse.