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To attempt forecast of EBITDA positive for 2025 is a desperate...

  1. 269 Posts.
    lightbulb Created with Sketch. 105
    To attempt forecast of EBITDA positive for 2025 is a desperate last throw of the dice for this management team.

    They cannot even keep enough STOCK without fresh capital for current sales, let along future sales.

    For a CEO that claimed time and time again, after failing to meet sales "forecasts" (hinted sales pipelines) and then blaming the ASX for not letting them forecast sales to now giving himself an 18 month window at the time of a desperate and badly failed capital raising, this is a hail Mary.

    The deathknell for this management team is tolled by the shrill silence of the idolators. Call to action
 
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