Crashing down quickly. I've been following this company for a year or so as I like the space they're in, however they're up against big players and its the business of spending big upfront with no guarantee of future work. I was hoping this quarterly would show some green shoots, but nothing.
I feel for shareholders who bought in the earlier days. Hopefully they can come out with a decent recapitalisation plan and strategy, and it's not just raising money with a promise of good times ahead.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-6
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