Ann: Cycliq Business Update, page-5

  1. 4,838 Posts.
    I will give you a tick for that Melua. Yes they are low on cash but have a facility in place albeit at top end interest rates within the group which tells me they couldn't get an external facility up as yet - that's a guess.
    Nevertheless no cap raising needed.

    Good numbers re sales but have to agree that costs still pretty high and a bit off being cash flow positive.

    Not sure what the market will do here - maybe back to 2c.
 
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