RE: That is About as Sweet an RNS30 Jan 2020 11:01
Cash and trading counterparty deposits of £12.6m at this time (2018: £14.6m)
Yü Group made full payment, when due, of its obligations under the Government's Renewables Obligation scheme. Q3 2019 approx payment made
£47.22 per ROC - this would be £11.23m. As a sense check Ofgem site says environmental / social costs in an electricity bill is 20.44% of the total (RO would be part of that) as worked out by one of are posters.
so given the picture as described above there has been no cash burn since Q1 2018.
Why anybody would sell is beyond me but short yes, ii must be looking now to get in and MMs providing them the way in cheap? not the first time they shorted this stock . Hold for the medium term the price shown is a disgrace but it's only a loss if you sell, fight back and post and promote this share and you will see this rise as the shorts close