RE: Director Buy7 Jul 2022 17:08
£100M if we don't lose the dispute. Why is everyone here so adamant we won't?
Business isn't dead? It's become bloated due to the covid lottery win but non covid revenue is £7M per annum (sorry, just re-read the RNS and my earlier post of £6M was wrong). £7M income. We are spending £10M on R&D for ****s sake. R&D that may amount to absolutely zero sales. Now, tell me again there is no cash burn. We have a board on hundreds of thousands per annum who are after a 10% increase whilst knowing the business is on its knees and getting worse. So, 1. the market hates us, 2. our reputation is currently diminished due to the dispute, 3. we are selling **** all, 4. the Directors put out nothing that is positive in an RNS.
Oh yippee, an offer. Someone may take us over at, what, £1.30 a share? Thrilling.