My bet is that they wil let go of staff on contract first which is about $6m worth in contractors. This way there is no redundancy payment needed, cut other expenses that dont require redundancy payments which should be enough to put them at cash flow positive and then they will use the cash from cash flow posotive to pay off redundancies and the cash arrives. . That way no capital raise needed to pay off redundancies.
Once we hit cash flow positive then the Stock price will rocket as rhe fear of capital raise and administration is no more.
But again this next 4C will tell us a lot. Hopefully David also explains how the redundancy and implementation of new review takes place.
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My bet is that they wil let go of staff on contract first which...
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