I think the issue here is that we are not far off another capital raising. Revenue growth is impressive here and is probably getting closer to the scale needed for an acquirer to be interested. I still work off a revenue multiple range of 4-10 times revenue as to what someone may pay for CLB.
it is the fine balance of getting revenues to a certain scale whilst not diluting to the point there is no return.
I think the issue here is that we are not far off another...
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