Ann: SPP Results, page-39

Looking for better exit price. I reckon this will be pumped to 2.2c based on speculation and I am happy to exit at that price.
In the next few weeks, management will probably try to negotiate with the lender for extended terms and if they are successful, it could be a trigger for short term SP rally (which I will take advantage to exit, if I haven't so). Otherwise, this will put a lot of pressure to liquidity. Last resort for them is to do again a CR at a lower price that most recent one (1.9c).

Operations wise, they might grew the revenue but if the gross profit remains at 25%, it will really be hard for them to make net profit for FY22. They need approx. $33M revenue on the second HY just to break even (4.3M loss divided by 25% + current revenue of $16m). My question to you now then, do you think this is achievable? If yes, can you point me what indicators to justify so? if no, why are you still holding?