Only 2.3 qtrs of funding left after the embarrassing attempt at trying to raise capital. What are they going to do this QTR? They know no ones taking up their offers. Their so called "Company’s cost reduction initiatives" are barely cutting costs, staff costs etc are barely lower than last qtr.
Revenue this qtr isn't that much higher than last. Revenue needs to be way higher otherwise the lights aren't going to be kept on here.
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- Ann: Appendix 4C - June Quarter 2022
Ann: Appendix 4C - June Quarter 2022, page-4
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