Fundamentals are absent, so how can it be valued?12 Nov 2023 11:58
No profits are forecast and none have ever been made, what does that tell us I wonder? As to this RNS which should have been a Reach: "Project's total costs, shared between the three partners, are expected be £570,651, of which Physiomics' costs are expected to be £196,251 (primarily comprising staff salaries). The Project costs are 70% funded by the grant, hence Physiomics will receive £137,376 over the course of the Project "
We must hope they don't win any more grants since only 70% of costs of these invariably loss making projects is recovered, i.e. baked in loss of at least 30%.