why do they need to raise 10m euros now? stop fretting, the plant is projected to be less than 12m euros now, and they have that in cash and investments, it may not all be down to investing in something bad as such but maybe in a different currency, the £ has fallen a lot against the euro lately,
i would suspect that they are trimming staff costs now to keep the overheads down (like all businesses at the moment) and can survive easily till the middle of the year, who know what will have happened by then, paloma will have had their unit for a year and they others will have the final version in testing so could see more contracts.
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