The question is - how long will they be able to keep it going for? They need to be consistently profitable before anyone believes this is a long term viable operation.
Even one or two quarters cash flow positive won't be enough to prove anything, (if they manage to miraculously do that, if i held, i'd think about selling into any spike, as i'm sure they'll be thinking about another cap raise)
Plus there is still some debt & little to no cash
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