Interesting that there is no announcement about the capital raise that closed last week - just the usual expected rev up just before the raise close date to try and get the punters in - why would anyone give them money to take out the circa $700k salary/fees??
And I agree with comments re the revenue - absolutely should not be a listed company with the amount of revenue achieved. In my opinion the management would be struggling to find a gig outside the company at a tenth of the money that they take from the company.
I keep hearing about how good the platform is however there is no evidence in revenue to support these claims.
Be interesting to see if the Board picks up the inevitable shortfall in the capital raise - I doubt it !!
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Interesting that there is no announcement about the capital...
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