Looks like the sp has resigned itself to a capital raising seeing as the soon to expire 5c options are far out of the money.
From Q3 4C:
1) "the cash balance at 31 March 2019 amounted to A$1.455 million."
2) "Estimated cash outflows for next quarter A$ 670,000."
3) Receipts from customers A$ 433,000 (Q3) & A$ 639,000 (Q1 to Q3)
Probably explains the recent market sensitive announcements, helps to boost our confidence before we have to cough-up.
Well Rome wasn't built in a day.
Ann: PrecisionHawk Becomes Significant AaaS Customer, page-34
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