Disappointing that after 3 years the company is still trying to...

Disappointing that after 3 years the company is still trying to work out where it may have a market for what it does. Also, just wondering how bad the previous strategy and business plan were? New mgmt seems to have decided a start from start approach is required.

I know the presentation gave the impression that additional equity is required but I don't think it should be. Why cant Melbourne cope with manufacturing until there is scale to warrant expansion?

I think the next question is how low should the shareprice go after this info? What would you pay for essentially just a vision? Is this worth all up $10 mill? $20 mill? There needs to be some upside for the monumental risk taken by any new investors.