Ann: FY22 Q2 Quarterly Activities Report and Appendix 4C, page-252

They are neither cash flow positive or with ample cash reserves this quarter, not sure where you got this from.

17 million is not ample for a company with half its balance sheet in liabilities, they are also continually showcasing a business model that requires acquisitions to grow at even the current snail's pace which is of course a concern.
This is as far a sure thing as any other penny stock, and while it may look like it has everything going for it it with high annual recurring revenue it is also seemingly plateaued, and there are many unlisted tech companies turning more than this. It hasn't been looked at for any acquisition besides what the moron Karl might dream to himself, so it is a very small fish in a big ocean and it's teetering on the verge of success or failure. Even bind turning isn't making tens of millions, so there's a lot to factor in to this. Even at 9c buy in you'd be in the red at the moment for Pete's sake.