Does anyone know when the options expiring 15th Feb will be converted into shares?
I'm very much looking forward to flipping them and getting my capital far away from this company.
The half yearly report was disappointing to say the least. Cash burn rate unaffected by the 50% salesforce layoffs during covid.
12 years of growing losses.
Considering staff costs account for 9m of their 12m cash burn I'd expect to see that at least drop say 40%.
I imagine Mike McCormick and the other executives' salaries are still growing.
Another cap raise is imminent
All of this is my own opinion
OSP chart, page-352
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