Cash usage ?2 Feb 2026 06:05
I listened to the latest presentation this morning and was struck by the number of times it was mentioned that the cost of acquisitions largely accounted for the reduction in cash held . In going back over the cost of these acquisitions they would appear to account for a small percentage of the reduction in cash held , well short of 50 percent in fact . Could someone explain where the money has been spent , as I think it approaches £30m that I can’t identify . Many thanks Sam