I think you will be correct.
Some will look at the cash burn and growth in revenue and bail out.
3 months can be a long time for ST holders.
I thought the 4C was thereabouts of what could be expected.
Nothing to panic about and the potential beginning to be realised.
Without forward projects from the company we are all just guessing where the revenues will land.
Some good takeaways:
Net Operating Cashflows were in line with the companies expectations
JCB not in the mix for revenue yet
Transactional banking services still to come
I'm not bothered if they need to raise funds to bridge negative cashflow for a short period.
This is just the beginning.
ISX Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held