De-risking would help to get the SP up - more quarters of profit, reducing the corporate debt from $50m. Until people believe that the company is safe, bad debts won't blow out, and there will be no more raisings.
Now people don't seem to trust the profit number.
Eg. NPAT $12m for last year, vs $42m market cap.
Ann: 1Q24 Trading Update - Strong Revenue and Lower Losses, page-33
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Mkt cap ! $108.0M | |||
| Open | High | Low | Value | Volume |
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