In case anyone is interested, I asked a question during the AGM about whether the drive for profitability would mean they don't have to raise capital, and how confident they are that they will be able to raise capital when needed.
Max pretty much said that they would have to raise more capital (as I expected), and said that you have to occasionally raise capital to build A BILLION DOLLAR BUSINESS. I'm glad to hear that he is thinking along these lines and thinking long term.
But what wasn't really answered was how confident they are about raising capital in the current environment. They should have raised money when it was at 60 cents!
APV Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held
