83 days ago
Cash guzzling Cirata (CRTA), formerly the Wandisco fraud, will almost certainly run out of cash in the first half of 2026. Yet another bailout placing is a nailed on cert. Just last week it let another bunch of senior engineering staff go in Sheffield and Belfast as it aims to reduce the cashburn. But that operational cashburn in the last reported quarter was approaching $1 million a month. In that vein, the tale of the Barnes Women’s hockey team appears shocking
3252 days ago
The odour coming out of long term AIM cash guzzling hound Servision (SEV) grows stronger by the day. I sense that this is going to blow up badly and when it does you do not want to be owning the shares. There is something very odd going on. Today's intervention sees house broker Beaufort pushing the stock as a speculative buy. The shares have fallen by 8% and we will come to the, er.... not very good, note later.
