End of Dec 17 we had £1.66m in cash. End of Dec 18 we had £440 in cash. So after all our income for last year, we still spent over £1.2m of our reserves of cash. Where in the results does it say we are only spending £50k a month ?
Sold out today for a small profit, been averaging down for the past 6 months. Made my decision after looking at the results. The way we have been losing money over the past year, I would not be surprised if Xtr are running on fumes. And we all know what that means !
All this talk of lls coming onboard is ridiculous. Not a chance in hell with 6b shares in circulation. Have a consolidation and then there is a slight chance.
Anybody that looked at the last results, would know we were short of money. Roughly we had 6m in cash, but had bills outstanding of about 5m, not a lot of leeway ! The loan at that rate is much better than another placing.