RE: My take home message - pi’s just saved GDR30 May 2024 08:09
This company now are in the last chance saloon. They have the funding they asked for ( all ube it , the minimum) it’s the director fault the share price fell to such a low share price ( Riverfort death spiral finance). This has meant the dilution has been massively more than it really needed to be! But still LTH have backed them ( ok many have used this to average down) they really need to deliver sales from not just the Uk but also round the world. If they don’t they only have 10 months of working capital at the current burn rate ! Over to you Mr Cheek don’’t F it up they Budd the Dudd did! They won’t be another reprieve …that’s for sure !!!!