I know one or two chartered accountants who are not quite what you would expect quality wise so its really just a minor point in the scheme of things for the departing CFO.
That the directors put all of their cards on the table instead of piecemeal updates so the way forward can be assessed in terms of prospects and financing
RE: Oh dear. Falling again.Warned you17 Feb 2025 08:33
Bad luck with your punt on this company but you win some and you lose some and overall one hopes to come out on top. Best to salvage what now remains of your capital and learn from the experience.
Clearly messed things up causing financial pain to the company and its shareholders. Every day longer in the job is a day wasted as someone with better abilities can try to rescue things. Surprised if something isn't being done right at this minute so that when the market opens on Monday the downward trend might be avoided or reduced in velocity.
It isn't high and only companies with little/nil trading prospects or hangers on investors claim that it is ie. WEB, all destined to be buried quietly somewhere in the next year or two.
To avoid and invest in highly profitable companies (lots of them about) especially in the US.
£97k. Not great timing as the SP has recently risen from 40p to the current level. Will be interesting to follow the SP to see if it can rise much further.