Peak pessimism - complete overreaction, page-50

Agree with your points about the webinar, i think it was the CFO who was asked to confirm one item, about the split of some contract, being 50/50, when Kate couldn't remember, other than that he was silent/uncalled on. He is the CFO! Does he need protecting from those mean shareholders and their questions about his forecasting?

All the talking about the raise vs a debt facility was done by a Board member, i think maybe the Chair, Rebecca? She was the WFH person. I can't remember the detail she provided about the reasoning, i don't think in fairness there was much detail, but the response was other options such as a debt facility were looked at but the terms were not attractive and so a raising was the best option.