The last two reports say AP Group will run out of cash in April "As a result, in the absence of further debt or equity funding, it is anticipated that the available net working capital will be consumed during April 2024". Both were opportunities for AP to mention the 6" fabricators now have capacity to begin the process of a further iteration. They said nothing, which I'm assuming means they haven't. The minimum lead time between capacity and a commercial chip that meets all specifications is 6 weeks, from what they said, which means that is not happening in April before AP runs out of cash. The question then is, will AP find more money by the end of April, and if they do, will the ASX then lift the suspension? This is not the sequence of events they hoped for. Maybe pissing off the shareholders, to the point they were complaining to the ASX, was in hindsight a bad idea?
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