Well I must admit I feel like a fool holding as long as I have. 70% down. The only thing AV1 is good for is reducing my CGT on my winning positions. 6.5m will last them 6 months given the current cash burn. Then what?
Growth will have to be meteoric in these next 6 months to turn this around. I'm almost bled dry so let's see what these jokers can do. As mentioned above, way too higher salaries going to people that are clearly not performing. Disappointing day for AV1.
Ann: $6.5M Placement and Share Purchase Plan to Accelerate Growth, page-6
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