I was looking at the half yearly revenues 8.7 Million up 1262% vs outgoings up 41%
Further down pg 7 they discuss significant reduction in costs that should be apparent in 2H 2021 (look forward to this).
If the revenues keep increasing or even if stabilise then with the expected decrease in expenditure, will hopefully bring some relief.
According to the prospectus the share offer is underwritten "Eligible Shareholders may also apply for Additional New Shares under the
Oversubscription Facility. The Entitlement Offer is fully underwritten by Shaw and Partners Limited." therefore not sure what all the above who ha is all about.
According to Market Index dot com, There has been large buyers in the last 12mths but no large sellers, yes I note the share price has been hammered regardless. Just trying to bring a bit of balance here, no intentional ramping just posting what I see.
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