Hi Ackers. Thanks for sharing your opinion.
We have to remember that the company is holding over $10m in inventory. This is an asset, similar to cash.
I am confident the company will turnover positive cashflow this quarter by simply selling more inventory than they buy.
Also, Capital Raise was addressed and also in the Marker Herald yesterday, confirmed they will not raise capital. I believe it. I also believe the Top holders wont approve it, including the CEO himself with too much dilution to occur at current levels. So, the chances in my opinion are almost none.
Agree. Let's see what will happen. Best wishes to all.
$tockfella.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-33
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