Ann: Investor Presentation - CYCL Acquisition, page-130

I’m not at all concerned if they don’t get to $100m by their magical date. As I’ve stated, they can turn their business profitable at any point. Coupled with this, my main emphasis is cost control. Cost control + profitability on the ASX with the balance sheets a lot more attractive. I’m not too concerned in the slightest if it takes them an extra year to hit $100m ARR.

Ultimately if they do dilute it is affecting not only Karl and Peter, but they have the founders of Hyperfish and CYCL to answer to.

It is frustrating arguing your case when the price has taken a dip because it is very easy to trawl the asx for underperforming stock and jump on hot copper. As I’ve said, I’ve been here before and then I’ve been at double the price in a matter of months. Unfortunately I never get to see the likes of yourself at the peak of the mountain.