Ann: Shortfall on Underwritten Entitlement Issue, page-13

CL8 is poised to bounce. Since the capital raise the share price has held quite firmly.

Any good news on Carly sales could be a catalyst for share price growth. Although we have been kept in the dark about Carly sales, the booking portal indicates that most vehicles have now been taken up.

If the deal to link car dealers with Carly is finalised this would be the big kicker. This would massively increase the availability of vehicles for subscription.

Then there is the possibility after this to grow Carly in NZ.

I am quite hopeful that share price recovery can be achieved, but deals must be struck and Carly has to be a hit.