Sales numbers growing strongly (albeit off low bases) so that's the positive.
My concern is that on a quarterly cash burn of $500k, and with only $1.2m in the bank to fund operating activities, unless sales start drastically reducing cash burn, we will have to equity raise prior to end of FY 22, which would dilute holdings.
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- Ann: Q1 FY22 Business Update and Appendix 4C
Ann: Q1 FY22 Business Update and Appendix 4C, page-2
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