RE: Unaudited Financial Results in the RNS...7 Sep 2020 13:41
I love the way people come here, not having read the info properly, say we are right on cash. I said earlier, and Mer400 challenges it, but we will have approx £3m of cash if all warrants are exercised. If you add all placenta done, plus warrants plus tax rebates, it’s jot far off £3m. Considering their admin expenses are not more than £300k per year, there is plenty of cash in the bank. If warrants don’t get exercised, then I’m happy for Val to raise funds at 50p. In fact, I’ll be delighted if they did that and warrants expire.