Relatively happy with this, bearing in mind, a small enterprise that's building sales/ cashflow is going to see a large effect from things like timing issues.
My only concern is funding, hopefully we can persevere without it. We've had 2 stuff ups with capital raising, I'd hate to see a 3rd one. The mention of convertible funding is a concern, unless it's via long term, stable holders. The funding facility should be viewed as a last resort given the share price and limited liquidity at this level. I'm not fully at ease with the boards funding skills( not that I'm an expert), and I would hope they discuss any views with major holders before deciding on any move. Again, I hope, and indeed it may be possible that they can get through without further funding for a while, with this current quarter possibly being cf+
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Relatively happy with this, bearing in mind, a small enterprise...
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