Do you always just look at assets and ignore the liability side? Net asset is $339k... MC of $2m... cash $1m and a CEO that is on a salary of $420k a year when the company is losing over $4m a year. Whatever glasses you're wearing to think this is good metrics and that it's a great investment because there's "$4m in assets", I would love a pair, would make my investing experience so much easier.
Anyway if this joke of a company can't show revenue growth (which they've failed too even though they keep saying there's been growth in transaction volume) then 2024 won't be break even, it will be a break in trading leading to administration. I'm always surprised they can keep raising money, probably only have another 1 or two raises left in them considering the dilution they're causing their loyal shareholders every time they come back to the kitty.
Do sincerely hope it's bottom for all you punters that are holding on, though even if it is, a long way back to 10c and then 20c if you've been that loyal and stuck around (and I sure know a few who have :S)
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