It seems that no one is exiting on the news , it is quite a small placing comparatively to previous fundings only raising £300k . They must believe that amount will take the company through the next year into break even or profit otherwise why not raise more this time , we have interims in the next few weeks so things will hopefully become clearer , news on the Samr approvals would be most wellcome .
Thanks Bella , looks like we will get nothing before H1 results end December , I suspect funding will be announced in those as well ,just hope it doesn’t hinder the very little progress we have made with the sp .
Poochu nobody really knows but Bella has worked on a formula that has been pretty close to real figures over the last 2 years , I believe it works out about £3.22 comes to our bottom line for each packet sold .
In my opinion much more likely to make a bid for pxs than by- health , they have bought many small companies in the past so it’s part of their format , trouble is with them at these levels it could be a cheap buyout imo.