Ann: Quarter 2 FY2021 Investor Update, page-76

Haha good times.

in fact in 2018 i was doing the same in Croatia too!

i guess i have just started to see the dilution mount since and almost every blue sky possibility not eventuate as imagined possible.

i at least have considerable confidence the downside risk is minimal now. Sort of feel like nuheara has kind of reached that "too big to fail" point. Just tempering my expectations looking forward. The history makes it increasing difficult to not assume now "but this time it will be different".

if there is another CR to fund expansion later this year, it needs to be done sensibly and to the benefit of holders. It needs to be significant enough such that another isnt needed for a long time after. Maybe go to existing holders with minimal discount but with long dated cheap options attached as a sweetner? I mean most here seem to thirst over risk... so why not?