Ann: December 2022 Interim Financial Report, page-44

Directors already have such an exposure with large chunks of equity, buying would only be a short term sugar hit for retail confidence.

Admin costs and staff fees must be significantly reduced with the dismantled energy division (common sense would think those jobs were cut), or a definite capital raise will be required (even with full Palisade funding). The infrastructure business needs to improve margins. There's no point getting out of bed for tiny weak margins and this looks like poor risk management (borderline incompetent). The interest rates alone on potential banking facilities would evaporate these slim margins.

A patient watch and wait still from me. I really hope they break ground and Palisade comes through with the sugar hit to raise SP for a healthy cap raise. Another "awaiting advanced FID approval" will eviscerate this company.