RE: Things to remember28 Sep 2018 15:34
On the accounts i believe it sits at (£355k), i believe it was higher in 2017 accounts.
So it would look like the raising reduced this debt, hence the lack of cash.
(Cash in the bank does help us if we are paying interest)
I like to consider myself a realist, not saying it's all sunshine. Don't think any of us are in a positive stance.
But i just look at the market cap and think it's a little stupid. If Halcyon can sort it's self out and it was a full year.
Without Halcyon sucking up dosh we might end up with £500k profit for the year on the LED section.
Which would be an earning of 30% of this buy price.
It's all about these contracts being signed, make or break really.