RE: United Guy30 May 2022 12:00
Hi Poor no price would induce me to buy a single share in NNN without a positive RNS or a clear sign from Volz the products are coming. You know I don't believe the JV is still alive, Volz really would have put something on their website by now.
As for the SA its taken too long, Chelsea (which I would imagine is as complicated as a deal could be) has been bought out in half the time we've been talking about the SA so for me this has broken down, probably because the share price is too low.
Sorry but with every passing day I just get even more sceptical. The half year results were 135K in sales with £1.2M losses, I think the finals will extend to 300K sales and after Duffers growing the head count losses for second half will be much higher at circa 1.8M or more. This would take losses for year to more than £3M with a corresponding reduction in cash in bank, so less than £2M.
Oh and maybe a huge pile of unsold masks and a-virion material which night dent the remaining cash even more.