absolutely not.
1. As mentioned alot last week, This is nothing they haven’t already done, they screwed the announcement at build 1 by confusing everyone with a unplanned “build 0”
2. The SP was too vertical last week and unsustainable with current fundamentals
3. Australia is a terrible market to be in for tech.
4. Shareholders have been waiting too long now, this drop screams that IMO. Revenue / binding deals are the only thing that will move this now.
5. The machines cant leave Australia “until further notice” because of covid. This means no exposure to either US or Europe, no pilot plans and no silicone valley for the foreseeable future.
I want information on KSA now. We have a right to know its status. If a deal was pending the first build, well thats done now, of its scrapped, then tell us...
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