Ann: Investor presentation, page-7

Trips,

Yes the SP is ugly, the market is now only interested in profit and not growth prospects atm.

I put the latest rounds of selling down to EOFY tax selling to offset gains elsewhere which is understandable however the fundamentals have not changed and revenues are growing with the USA soon to be the game changer.

As per a cap raise, I don’t think so. Last quarter cash burn was $814k with $6.3m in the bank meaning over 6 quarters of cash to spare not allowing for continued earnings growth.

The next round of revenue reporting will be stronger as per CEO’s comments.

DW did his bit buying up loose shares earlier but he can own too much reducing available liquidity so the SP will struggle till the narrative of cash flow positive is achieved. The stock is tightly held by only a few and I have yet to see a notice of a substantial holder selling down so all his main supporters are happy to sit and wait just like me.

Like PNV, his on market purchases shows how much he is willing to back RMY home

cheers

Hasaman