RE: ALGW - AGM (!)10 Feb 2019 12:15
Potter - The problem is, BMD is a good friend of Steffi (Cassiopeia, Ex-IR/PR ALGW), so probably does have a lot of insight into the company enough to make guesses about their current finances, which we know must be around £200k cash but considering they have a wages bill (2018) of £200k, then unless Danny Swick can suddenly find lending from somewhere then a raise is a forgone conclusion unfortunately.
It worried me a little when they put out their Year accounts out on 24th December just before lunch, knowing that most of the city (and country) would be in the pub or away for the xmas break. A little like the awkward AGM time and location, it smacks of a company that doesn't want scrutiny.
As you say, no formal comms at the front of this week, only a fortnight before the 'launch' and the alarm bells will start.