@mondyinvest.
Well said. I agree fully with your analysis.
seems people have their heads in the sand and ignore the value of reading reports....
Investors, instos, sophs and BIG MONEY (as opposed to retail traders) read reports and this isn't a spectacular one. Cash burn is massive.
Unless decent revenues start soon, cash burn will eat away any profits.
Low cash reserves spells more dilution and lower SP.
This is fundamental Cashflow Management 101
Ann: Annual Report, page-87
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