RE: Sign ups13 Nov 2019 09:04
Ap, come on mate...it's becoming dull...you have made your point.
Anyhow, RNS stated "At 30 September 2019 (interims reporting period date) the Company had total cash of GBP 1,288,666 and immaterial cash liabilities. The new strategy will result in substantial cost savings well in excess of GBP 250,000 per annum. A new budget has been worked based on the most conservative basis possible. The Company has sufficient funding until the period of the third quarter of 2020. This has been estimated using purely a cash burn assumption - the most pessimistic scenario."
And if by the 3Q next year the new team replicate their performance at Tastecard etc here and get 1500 plus restaurants on-board then the sp will be multiples of where we are now and I wouldn't mind another placing for further expansion capital...this thread is for sensible debate not outright deramping nor ramping.