RE: People think this news is good? How much cash is left? Any placing?19 Mar 2025 08:03
Companies give regular updates, normally twice yearly whereby the finances are highlighted.
Given loss making companies tend to re-finance 12-6 months before they think they need it you can work out for yourself what the ODDS are of further fund raising.
However, this is now generating sales income and a 24 months projection is typically at the top end of giving security to shareholders so I would guess there is at least, at least cash until the end of this year in which time I would hope for sales to improve to a level whereby it is now a cash positive company and further RI's are not necessary,.
But at the end of all that, then if you are not sure, or as sure as you can be, then don't buy. No ones holding a gun to your head and if you can't take that sort of decision due to worry, then you are potentially over committing anyway and stick to safer companies.