While there is along way to go to restore any shred of credibility, I will reiterate some positives to come out of Q4
Partners up from 215 to 225, and no partners lost GP% up to 69% Q4 and expected to be >70% in FY25 Expect cash costs to better match payments, so the 1.3 quarters of remaining funds is misleading - probably more like 4-quarters, still tight Looking at alternate sources of funding to get through to breakeven (rather than another dilutive raise). Looking to update the market monthly?/regularly - can't ask for much more.
I would also point out Directors took $500k in stock at the recent 5cps placement (mostly PP - $379k), and $1.25m in the 14cps placement.
I am as angry as the next shareholder about what has gone on here, down >$25k and I bought in at 14cps, but I see positive shoots, could be BS but surely an entire board and management are not in on the charade.....
DUB Price at posting:
3.6¢ Sentiment: Buy Disclosure: Held
