RE: RNS8 Aug 2023 18:45
I agree but Directors don’t care because they get huge salaries and bonuses either way. Disgraceful if the don’t buy unless they are privileged to a buyout some price sensitive news. Fact is the news was out today and good thing is we had 5m cash to see us through but expense costs for new products and salaries eat up a lot to coincide with huge revenue fall. I was expecting a revenue fall but the high. Let’s prey we get better covid sales in the months ahead but won’t be enough to stem the cash burn unless sales in new products take off.
Penny needs to consider her position unless she has something up her sleeve as she certainly ain’t showed any interest in supporting the shares.
Terrible control of information in my eyes should of been handled better although she’d say she alerted us to a slowdown at the last results