The reasons provided doesn’t explain the urgency of this CR.
If the management has confident in H1 results, they would wait for another month. But it seems like management is trying to get this done before H1 results announcement.
The 1.1 billion pipeline that is being thrown around is effectively an industry number. Any counterdrone supplier can claim the same number.
At this stage, like my post earlier, I will maintain a neutral position until the management provides more information in H1 results.
Ann: Capital Raise Investor Presentation, page-12
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