Stand by my view
The company only had a single kick on goal. They really needed to demonstrate the value of the CT arrangement to avoid the upcoming raise being a total washout for current holders. They failed to do that. The reasons why they failed don't matter much because the outcome is the reality and all the matters.
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- Ann: Quarterly Activities/Appendix 4C Cash Flow Report
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-9
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