Full year 2023 results: AU$0.008 loss per share (further deteriorated from AU $0.007 loss in FY 2022).
Revenue: AU$2.77m (down 18% from FY 2022).
Net loss: AU$3.76m (loss widened 37% from FY 2022).
As a shareholder I would be lying to say I am inspired however to sell at a 60 per cent loss on my single largest holding is something I am unable to stomach.
There are a number of products in the pipeline let's hope Greg and the team can make them work.
I am not sure how a capital raise would play out as they seem to have little ability to convert potential into actuality.
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