Are you sure? They said they'll deliver the US launch in Q2 and now are delaying to H2 2021.
Management are experts at dilution and failing promises. Q3 FY21 was regression at its best and coupled with a bad debts mountain. NTM of 0.1% is a joke to be frank.
Raising capital at $2.03 when they had sufficient cash and had a previous placement at $2.40 (which later saw a SP of $4.98) is the height of incompetence.
The B2B product is a lame product ($0.1M in revenue). They are spruiking this as success. They talk about a revenue yield in the low 2 digits. Who are you kidding?
I can tell you the SP should be under $1.
OPY Price at posting:
$2.00 Sentiment: Sell Disclosure: Held