I don’t think this company will be around in 12 months - either they are taken over or they aren’t able to raise more funds. They are never getting back to the latest CR price though.
The full year report will be an interesting read but I expect it will attempt to obfuscate a lot of what could be viewed as bad news. The AFR have been quite good so far at reading between the lines so will be good to read their take on it.
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