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clock Created with Sketch. 01/06/23
19:30
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Originally posted by avinvest:
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I accept some of the issues you guys raise in your responses to my post. I am the last one who wants another CR (very happy to convert my options at 6.6c though and such provide more cash to the company if and when that happens; please can it happen by end of week). In contrast to you, I am not anticipating one, assuming that there will not be anymore M&A transactions. My modeling suggests/shows in almost any scenario an improvement in operating cash flow over the coming quarters and that will lead to break even. Would have loved that to happen sooner than it has (for sure) but it will come. Funnily enough, I have used the webinars to ask critical questions and they were not only answered but also acted on. In anticipation of that CF+, the SP should improve and with that my chances of converting (which will improve the CF even more) and then selling the lot at 20c, haha
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I don't want to be too critical re: director buys. The part that bothers me is that Gerard likes to use these purchases to claim that his interests are aligned with investors. They're not. The reality is that the investment he made is a little over one week's salary. It's important for shareholders to keep that in mind.
(20min delay)