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Ann: Investor Presentation, page-42

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Al101

549 Posts.

179

29/02/24

13:18

Post #: 72669994
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Originally posted by SCBystander: ↑

I think it's funny. Everyone who's mentioned that the capital raising saved the company seems to forget that the reason for the raising was it's all happening so fast, enquiries are flooding in, "we main already be behind the curve". Was all complete rubbish. And the old MD was putting more costs into the business. Cost have gone from sub $25m to 30m+ with no extra sales. And his plan was to take that the $35-$40m. Go back and look at the transcripts and capital raising presentation. That's what convinced me to vote for the change.

If you can't see and hear the difference in the presentation from Rick II to Dr Bains then I'm disappointed for you. What's becoming increasingly obvious is that he wasn't across the business, had never done this job and the company would have most probably continue to suffer under his stewardship.

Time to move forward. Dr Bains clearly has a plan. Lets see her execute on it and judge the results.

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so you're happy with breakeven being goal number 4 ?

IPD Price at posting: 8.6¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 5.3¢		Change -0.001(1.85%)		Mkt cap ! $107.2M

Open	High	Low	Value	Volume
5.4¢	5.4¢	5.3¢	$11.58K	218.3K

Buyers (Bids)

No.	Vol.	Price($)
2	118518	5.2¢

Sellers (Offers)

Price($)	Vol.	No.
5.4¢	332952	3

View Market Depth

No.	Vol.	Price($)
2	118518	0.052
2	620000	0.051
5	190020	0.050
2	77732	0.049
1	27812	0.048

Price($)	Vol.	No.
0.054	332952	3
0.055	188233	2
0.056	300000	1
0.057	347811	4
0.058	20000	1

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