Wow!
great progression on top line and overall financial results.
the cash piece is concerning. It’s great they are saying and reaffirming EBITDA and cash flow positive in the coming months.
this restructure needs to be significant by about 66% cut in expenses to make it happen.
i hope they announce the small debt facility to manage them through to stop the need for any forced capital raising then build on the great sales base/product they have.
Ann: Appendix 4C & Quarterly Activity Report - 31 March 2024, page-3
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Mkt cap ! $62.81M | |||
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|---|---|---|
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