Ann: Application for quotation of securities - NVX, page-4

I am not impressed by the number of staff and fancy labels such as "vertical integration" if the company continues to burn money and continues to do so heavily without any meaningful revenue. Mind you, much of the money is burned not on R&D or production, but administrative expenses and managerial fees - that's not an indicator of a promising company that is on the 'cusp of mass production'. You've been on the cusp of mass production for a long time. Why are you so anti-fundamentals? I know holding bags is hard, but if you don't open your eyes, it will only get harder. Hopefully, one day you will find out and recognise that wearing blindfolds is not a good thing. You need to be open to change, especially if every indicator is telling you to change.