no brainer...2 Nov 2013 17:43
Actually! I am still completely confused how the share price is even at 14p or £ 60 million (!!!) market value on a mere US$ 25k six month revenue and US$ 2.5 million PER MONTH cash burn rate! Equity IS required soon unless there has been a 500 fold increase in revenue per month since June... has there? Who knows because the company will say and tell the market everything except what is the current revenue/cash burn rate. Please guys, I know China excites you but do some research and look at the increase in share issue over the last year or two and the similar style "operations updates" issued. I am not convinced that even 10p is fair value and talk of 20p plus is pure un-researched ramping in my honest opinion