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Ann: Broker Presentation - F23 Results, page-3

  1. 318 Posts.
    lightbulb Created with Sketch. 63
    Yup, they keep doing these "broker" presentations but the "brokers" ain't buying it.
    Cap Raise of $2m on the way in 2024 and they will still have massive debt with an even bigger interest expenses.
    ASX should suspend them until they can show they have a viable business model, from everything I can see there is no way they can get out of the debt spiral.
 
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