I'm thinking of bailing out of this one. I bought in at £1 and averaged down since then, but the lack of news and updates worries me for the next results and I'm thinking it's time to cut my losses before we run aground.
The last results basically said a) trust us, a miracle will happen and b) we chewed through £15m and we only have £25m or so left. Haven't seen anything on the miracle, and I'm too old to believe in Santa, and if they continue spending at the rate they are going, then we'll run out of runway.
Anyone got any good thoughts about the business that would dissuade me?