RE: Financing needs overplayed?14 Oct 2025 16:02
Panman,
Yes that's their plan but there is no way they could achieve all that in less than 6 months from June 2025.
Anyway, keep telling yourself and others it's all good and carry on buying then, it's only money after all.
There will be a placing here before the end of December 2025 and much sooner than that imo.
Therefore, the immediate plan is to 'right-size' the business, reduce the fixed overhead and pivot our emphasis more towards growing the PSE test sales in the USA, whilst maintaining our core technology competency in the UK. With a re-alignment of costs and an influx of funds either through non-dilutive deals and/or a timely capital injection, the Directors believe the business can thrive and create sustainable and increasing shareholder value."