How a company can consume more than $15M per quarter and think they're going to make profit in 13 months is a sign of arrogance. Their revenue in 13 months won't even cover 50% of their losses.
You'd have to be deluded to believe the tripe in the announcements. The US launch looks less likely by the day and I wouldn't be surprised if they exit the US soon.
I have zero faith in Australia being profitable as the growth trajectory is too shallow.
OPY Price at posting:
23.5¢ Sentiment: Sell Disclosure: Held
