I do wonder the same.
My gut tells me the market was intentionally mislead regarding cash flow positive last June. IMO it was only to try and get the oppies into the money. It's very clear now the deals were so far away from producing the revenue required it's not even funny.
At the time Carpet Court was the only big enough deal signed off but even now that's still a couple of years away from being maxed out. Capricorn was signed but just the early proof of concept from memory.
Lesson learnt is that when the upper echelon is pumping you know that they need $$$.
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