A CR is a near certainty. Less than $20M on hand and trading at $80M losses p.a. Can't see it being supported. It's such a dog stock that will be confirmed from the Q1 FY23 report. Securing debt funding in Australia is close to impossible and this company needs to grow to reach a profit position in ANZ. Since this company no longer trades outside of ANZ, it needs to be profitable on the whole by June 2023. After an operating loss greater than $80M, tell me who will believe the spin?
OPY Price at posting:
18.0¢ Sentiment: Sell Disclosure: Held
