showing signs, page-4

I hear you kura.

Every aspect of this company at present seems to be failing. The only thing that has kept me in ARW (albeit a small holding now after the sp fall), is the fact that most of this bad news that you have highlighted has been well and truly built into the sp.

However, the one thing that concerned me from the half-yearly report is, as you brought up, 'From half yearly accounts, cost of raw materials has exceeded revenue, ie it recorded a loss before paying wages or commissioning costs, etc, etc'.

I expected the rest, but what good is a company which isn't even making money on what supposedly is their competitive advantage, i.e. providing higher-margin biodiesel utilising the Energea technology.

I am currently looking at getting out once the remainder of the grant has been received.