It’s not only not what shareholders have hoped for, it’s not anywhere close to the rhetoric and blatant ramping that management have spewed for the past 3 years.
It’s forever “wait till next qtr” “big things coming in the future” rinse and repeat for 3 years.
Management have sold a hope and a dream here and it’s no where near what they were selling. They are now saying the inflection point will arrive second half of the FY. A bit like the “guaranteed” cashflow positive by June right? Lol
Management have taken everyone for a ride and still continue to do so. Why? Because they cannot n and will do it as they know they can get away with it.
I think their downfall will be when they try do another CR and everyone tells them to F off. They sold the sophs a big dream too and they are underwater. But I don’t think they’ll care at that stage, they’ve made their money, huge bonuses and pay cheques for achieving nothing. GOATS got his mansion with thanks to shareholders
Being in the second strike
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Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-41
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