I agree@TLS351. With both Xmas 2023 and Valentine's Day behind...

I agree@TLS351. With both Xmas 2023 and Valentine's Day behind us, the only remaining sales event is Mother's Day in May, and then it's Xmas 2024. That's a long road for $31.1M in cash to last as working capital. Every metric in the presentation was a double digit negative vs PCP, apart from costs (CODB) which were up 5.9% vs PCP. If these trends continue for the next 6-9 months, management will either need to take on debt, or go with a CR, or hope for a white knight to inject equity. None of the these options are positive for the SP, but they will help the business survive until brighter days in the future. Have exited my position at a decent loss. Cost base average was $1.35. But will keep on the watchlist.