In a loss making enterprise the growth narrative has to sell the vision and unfortunately it isn't enticing enough for new investors. CN must a have a track record now of about 5 in a row of all-time low raisings.....
CL8 react like the Titanic, they move way too slow in every aspect of business. Outside of general vehicle purchases, there has been no expansion deals over the last 2 years from all our 8 or so "Partners" so the market assign zero value to them.
My estimation is CN will resign on this and the CFO will take over (because why do we need both roles?)
