RE: Trinity Delta initiate on OBD with BUY and 52p PT19 Oct 2024 11:01
Laura criticising other people on here and your own admitance of buying in here, then buying in again to lower your average down to 2p dosent cover you in glory.
most of us have been here since 53p days and seen it tumble all the way down.
we called it right, back in janurary. and we were slatted then, just as much now !!!
that paid broker note was effectively written by a hand from Oxford, too much info in there that isnt in the public domain.
NU
looks like from your post that Oxford have burnt £1.3m per month since march until end of sept.
so on the same cash burn ratio, by the end of december, oxford will have burnt another £3.9m and with the £2.6 left in the bank, that will take them until the end of november until no penies left in the bank. !!!!!!!
something dosent seem right with the broker notes calcs as there is no way they are going to get to end of january on those figures.
every RNS oxford put out is full of holes.
they are going to need a serious white rabbit out of the hat to survive