Ann: Dubber Q3 FY23 Results Webinar, page-4

I'm not sure what to do with this dog.

I'm in at 0.72 cents. I'm tempted to average down at 0.205 cents, but after re-reading the Half Yearly Report I am, again, horrified at the massive blowout in Dubbers spiralling costs and the large decline in their YoY revenue.

They are running out of money fast. Maybe 6 months of cash left? So a possible cap raise could be on the cards. It feels like management are out of their depth and don't know how to control costs. Their restructure plan - assuming they have the competence to actually implement it - will only deliver a paltry $5M in savings per quarter. Which means they will still be losing tens of millions every quarter.

I think tomorrows quarterly update could be a nightmare.

Thoughts?