Very interesting, quarterly reads quite well, no changes from the update last month from what I can see, much more detailed update from the company which is great too.
The reason for the cap raise isn't immediately clear from this. It sounds like it might be to use the funds to drive growth for the AI product, but whatever the reason is it will have to be good to justify raising at these low prices.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-2
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