I entirely agree with your analysis. The SP will not take off until the spectre of another CR is completely erased. Unfortunately, past form on CR's (and collapsing the SP through CR's) makes the market wary. As far as I see it, the cash burn rate is the critical issue. Sales can increase 1000%, but if costs (which seem to be staff costs mostly) continue to burn capital, then we're not getting any closer to profitibility. Which is all the market cares about - as demonstrated by the non-response in the SP today.
Any whiff of another CR will be the nail in the coffin for AHZ.
Let the haters begin...
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