Ann: Capital Raise Update, page-22

I think it's important to note, the 12 month capital runway target would've been at the original target of $2.5m CR and from memory, that assertion was made on the conservative basis of no serious revenue growth (I could be wrong on the last part but I'm quite confident).

They were oversubscribed and took in $3m.

I suspect our capital, all things being equal at a normalised burn rate, would be enough for over 1.5 years which should give new and existing investors alot of confidence as they are well funded for their high growth initiatives and that the previous SP levels are well behind us, even in this tough macro climate. With revenue growth, I am thinking a CR for working capital exclusively may not be required at all tbh but either way it won't matter if they kick revenue goals in the same way they've kicked their restructuring and pivot goals over the past 12 months.