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Qonnectis
- BY: Andrew Hore |
- POSTED: 03/07/2009 |
Qonnectis has warned that it will not have enough cash to continue to trade if its funding discussions fail.
This knocked 0.2p off the share price to 0.25p, which values Qonnectis at £980,000.
The remote meter reading technology developer had net cash of £305,000 at the end of 2008 but that was less than the cash outflow in the previous six months.
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