RE: Price Target12 Oct 2024 18:36
Dicko80: Thanks for your valuable comment however, TRP had $350,000 (£250,000) in cash at the end of June after a VAT refund. Their outgoings per year are roughly £450,000 or £225,000 per half year, meaning they have enough cash to get to the end of the year.
Do you think they need a placing after the farm-out?