lazy cap raise, presentation should have dropped coming out the cap raise, why didn't they raise off the cpt acquisition? how did cash burn change in the last 6-8 weeks? the down round dilution is most disappointing. surely they could have raised at 33+ when the share price was high 30s?
no validation of existing clients taking up material licenses.
promises, promises, promises - no execution.
delay to aus gov defense contract - is it still there? surely there is some news as to what is going on that can be conveyed that ain't 'top secret'
Microsoft - whenever asx minnows list a FAANG it usually is the beginning of the end.
I think the aussie punters are bang on here.
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