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Ann: 2023 Annual Report Presentation, page-8

  1. UmpDickieBird
    172 Posts.
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    28/08/23
    10:26
    Post #: 69581358
    I don't think you can do another cap raise just to cover cash burn. In answering buy surge's question-why pay a dollar when you can pay cents in the dollar? Once it collapses/runs out of cash a VC Fund will swing in, I'm sure there are plenty in Melbourne watching closely.

    Also-I did read the back of the Annual Report-not a single large shareholder except two super funds. Not promising.
    EVS Price at posting: 8.0¢ Sentiment: Sell Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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