RE: Another a Terrible Week24 Sep 2021 18:41
Muggins
Evening, the SP is taking a battering, that's for sure.
I will admit I thought the first half revenues would be towards £5m, but had assumed that the, 17th February 21 RNS, 'DeepVerge production orders worth $5m (£3.6m) for Modern Water equipment in Q1' would have been manufactured/delivered and invoiced in the first half of the year.
Lead times are obviously long. The positive is that H2 revenues should include this order, but this length of time element, I had not considered.
I do not agree with you that another raise will be needed, lets see what the future holds.
All the best