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Ann: Entitlements Offer Close, page-7

  1. cad1llac
    537 Posts.
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    26/09/23
    13:20
    Post #: 70030774
    From page 3 of the 28 August investor presentation:

    We are focused on achieving sustainable profitability within H2FY24, which in turn will set us up for controlled overseas expansion. This capital raise will support the business to reach this objective.

    From page 6 of that same presentation:

    September 2023
    $2.7m
    $0.022 per share
    Working Capital
    - Sufficient to achieve sustainable positive cash flow from H2FY24

    https://spa.live.irmau.com/site/pdf/ae593aea-57be-403e-897f-370d9c7b5858/Investor-Presentation.pdf
    Last edited by cad1llac: 26/09/23
    SPA Price at posting: 2.1¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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