W2V has stated they're looking at acquisitions since listing, so hopefully they've found a few targets in Europe. They mentioned debt financing is a possibility, so hopefully the register isn't diluted too much in order to achieve those goals. I think this announcement today, coupled with an acquisition by the end of 2025, could mean 2026 is the year for breakeven. But they have to keep costs under control.
I still expect further dilution & then a consolidation.
They're also targeting a larger addressable market worth AUD $286B.
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