Xeros Technology Share Discussion Threads

[slicethepie] 19/4/2024 13:37

Probably less than in your trousers!

[furenstaurus] 16/4/2024 12:19

At year end 2022 in the audited accounts running shareholders deficit was £ 115,366,244 ..9 figures..Will be even higher now of course.

[furenstaurus] 16/4/2024 12:16

9 figures , excuse me for underestimating the amount of cash Xeros have peed up the wall.Lol.

[timbo003] 16/4/2024 10:31

>>>>WorldQuant/FurensTaurus (and all your other monikers)

How much have they spent? You don't know do you.

"hundreds of millions" or "well into eight figures"? There is an order of magnitude difference in those two estimates

[wheeze] 16/4/2024 10:30

The Board conservatively estimate Xeros' Core Technologies, based on current agreements in-place with license and development partners, to provide an addressable global market opportunity of c£40m-£50m pa in revenue terms to Xeros in the medium term, though believe the Company is now at an important inflection point whereby the route to nearer-term meaningful revenue is clear, with a number of the Company's commercial partners now believed to be close to commercial-scale roll-out of machinery containing some element of Xeros' IP.

[worldquant] 16/4/2024 09:28

Is this the 4th 5th 6th money raise in the past 12 years, by this company?Whilst having never made a penny profit and spent well into 8 figures of shareholders money without any return? . The company is a hoax... They have spent 100's of millions over 10+ years all raised from a series of placings, and never remotely will they ever make £1 profit.Ever.All retail that take these issues are doing as they have done for years is fund huge directors benefits salaries.

[wheeze] 15/4/2024 22:55

Companies which are perceived to be failing attract spread betters like flies to a dead rat. They see easy money. They do not understand the potential of some of their targets and overreach. Versarien's ip alone probably worth more than current market cap imho.

[slicethepie] 15/4/2024 21:30

They all seem to have an interest in gkp as well suggests one saddo with multiple logins?

[wheeze] 15/4/2024 15:17

I just love it when people come on this board with comments such as 'this company is a hoax' and worth zero - so exquisitely lazy really. If you are going to run down a company, do it properly and formulate your thought processes and arguments if you have any. Xeros has been very transparent with their shift to a licensing model. Their contracts have been RNSed and they have excellent intellectual property. In addition they have successfully raised near five million in cash much to the disgust of the spread betting vultures waiting to feed on its carcass. Not going bust just yet. lol

[worldquant] 15/4/2024 12:50

The company is a hoax... They have spent 100's of millions over 10+ years all raised from a series of placings, and never remotely will they ever make £1 profit.Ever.All retail that take these issues are doing as they have done for years is fund huge directors benefits salaries.

[slicethepie] 15/4/2024 11:27

It's to not too! Also the fact that you can't count beyond 4 or 5 says it all.

[nivison] 12/4/2024 12:29

It’s in the rough definitely but not out of bounds yet. Could chip from off the green. Trevino was arguably the best in the game at that.

[jpuff] 12/4/2024 09:32

Looks like it's heading to a penny

[nivison] 12/4/2024 09:14

it’s a bot. Not even bothering to change the text now. I used to like watching Lee Trevino play golf. Very idiosyncratic swing.

[timbo003] 10/4/2024 10:12

I see the troll is back with a new moniker

[wheeze] 09/4/2024 07:35

Anyone else notice how the trolls Hugewithnobrain and XOM have just disappeared? They insisted the company was worth nothing yet clearly they were wrong. Part of a short selling ring or simply deranged, who knows ? Anyhow, good riddance

[wheeze] 06/4/2024 17:22

The fundraising statement is very encouraging indeed. They have disappointed so many times they cannot use the phrase inflection point lightly imho

[slicethepie] 06/4/2024 14:34

Don't think there was any short closing. Imo the company would have hoped more warrants were exercised earlier in the year, approx 1/3 taken up, hence cash £2m or so lighter. Suspect they spoke to big holders like LO and then went for the max they could get .Given how hard it is too raise cash in small companies I am impressed with this raise and that they are allowing pi the same terms. It will be interesting to see what other big holders do and who new name(s) are

[wheeze] 06/4/2024 12:30

Thanks slicethepie - you are correct there. Which leaves the question, who has bitten off a big chunk of the company? They have promised to break even in FY2 2024, so presumably anticipated revenues are sizeable. The conspiracy theorist in me thinks this is giving some party behind a massive short a way out. I am deeply distrustful of the AIM market having witnessed so much shenanigans over the years. The question is if they are expecting to break even in FY2, why raise so much capital at this late stage giving away such a big chunk at an all time low share price? Any thoughts?

[slicethepie] 06/4/2024 08:21

Please read the related party section of the announcement. This shows what the related parties intend to invest and the resulting holding if all shares taken up

[wheeze] 05/4/2024 16:46

See todays RNS - shares in issue not at the 500 million mark as yet