This was all in the prospectus. The full disclosure of loans was in there I believe (from memory).
Not sure what the fuss is about, but it is pretty common for directors / founders to loan and then at IPO take back that loan from the raise?
A bit short sighted here it seems. The big picture of why they are listed on the ASX and their pipeline of growth has not changed one bit. In fact, nothing has changed so far.. probably people didn’t even read the prospectus and now they are “finding out things” which were never hidden to begin with.
Nothing wrong with revenue numbers. Almost all of the peers on the ASX has gone backwards in revenue due to covid related issues (even with government grants included).
This is very early stages and typically within the first 100 days of listing there will be some material contract announcements or partnerships etc. Hasn’t been 100 days yet.
