Good announcement, need to digest it more when I have more free time. Pretty sure a delayed milestone should have been required by ASX rules to be informed to the market. i.e. Waiting until the 4Q update to inform us that yes, we were aiming for CES and decided to push back 3 months. To me if you announce to the market a deadline, you need to announce to the market as soon as that deadline changes.
But overall, a good outcome. Company is ticking boxes.
Even though they are horrible at shareholder communication (i.e. not responding to messages), I do like that they have now listened to everyone and put FY/CY where required. They even, for the first FY entry, put the month in brackets.
And I love the format of the quarterly. Line by line targets for every upcoming catalyst.
I'm liking that they have a new product in the line, plus just under $5m in the bank. Hopefully they aren't stretching themselves too thin as I don't see any new income streams coming through until Q1 or Q2 FY22 but all looking very promising. Might consider adding a small amount to my holding, let's wait and see.
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