No cap raise is required as they burn, currently, 0.9 mill a...

No cap raise is required as they burn, currently, 0.9 mill a month, before accounting for product / IP profit; so 6.4 mill plus 5 mill by 30 June, gives them ample cash for at least 12 months before ANY increase in sales

That said, I wonder if they would identify some opportunity they dont have free cash for, but deem they must go after that business opportunity, so they need cash; in that case though a cap raise should not be at a huge discount, as it is not cash NEEDED for current operations; it would be cash needed for a new opportunity

I only raise this because they said 'we have too many avenues to apply our skills to, so we are picking and choosing the most profitable'; so a CR could appear... but only a GOOD CR... the last CR was a BAD CR (needed to keep the doors open another month or two)