RE: Tudor15 Jun 2016 12:54
See what happens. Gibraltar has been delayed and the others are not ready to contribute yet and they are still burning cash. Chairman has said Gibraltar might not happen, it's in the last set of results. I read that, good idea to take a close look. Results were flattered by the large monitoring order that was in inventory and non-recurring. Already costed so went straight into results. Strip it out and take a look.
Henderson might offer loan facility if needed? Look at what they have done at ESG as example. Not good for shareholders imho. Great for them. Increased equity, interest income and options. Handled by one of their affiliates, Alphagen. No surprise if that happens as working capital needed if anything useful lands. Good luck.
Why no Director buys for getting on for 2 years?