RE: most sells are buys10 Feb 2023 16:24
You were wrong before so how do you know you are right this time? Achieving profitability is now out of the window, claiming this fund raise will take them to breakeven but I suspect they will come back to the market with their begging bowl soon, probably in six months time. Jonathan Hall, CFO and COO confirmed to Justin waite podcast that they will never come back to the market for any fund raise for any opex, a year on they are on fumes and have got only £400K left to last until March. I think the business is simply not growing, did overpriced accusations and now costs have risen significantly. That £1.50 per user earning was coined by the Ex CEO to justify a higher market cap but in reality they over paid for their accusations and now left with faulty software products full with bugs, took over a year and a half but still failed to fix it, I'm talking about stockinformer.
It's your money so should be your own decision and but I can only see more pain ahead for existing investors who have been mislead by this management multiple times and doing the same again and will do the same in the future.