RE: It pays to read posts here :)2 Jun 2020 17:47
Hi Giles,
I can't find you on Facebook so just thought I'd ask here.
You mentioned in your last post that you feel 20p by the end of year is not out of sights - we currently sit at £3.6m mcap, so that would make it around £72m - with potential income of around £600k if the $100m sign off happens, just wondering on your thought process there?
I'm just curious on your placing thoughts? End of Feb results show we have £275k in cash, I am concerned of what this will have depleted to now. Although I understand costs are incredibly low with no flying. Have you spoken to GS about the possibility of a placing?
Great to buyers at close to 2p - although recent events do leave more questions than answers, which do make me feel uneasy.
Penny for your thoughts, G.