Not sure where you get your news from but I get mine from ASX announcements and the company direct.
The company has told the ASX it plans to double revenue next year. So I am betting $40m revenue is what they can already see in their front windscreen.
The company has told me as recently as last week there is NO capital raising coming. We have ample cash as you can see from the cashflow report this morning.
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- Ann: Quarterly Activities/Appendix 4C Cash Flow Report
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-20
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