By Nigel Somerville | Thursday 23 January 2020
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
This morning we were treated to an RNS Reach from AIM-listed and surely running out of cash Yu Group (YU.). We are told that it has agreed the commercials for its new purpose-built office facility in Leicester describing it at a state of the art sales and innovations office to house growing sales, marketing and product teams. Well, woopiedoo! But how will Yu pay for it?
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