trying to work this out. Exit of Obsidian notes is a good thing. Capital raise at these price levels is a killer in terms of dilution but can you afford not to? A bit of exec salary cutting is something, perhaps not enough. No idea what this means for ongoing engineering costs to Rahul's company. Just need a whole load more info on the new business model and its potential returns. Ditching other products and contracts will clear the air, we all knew they were not happening.
Will have another look tomorrow. Dont like Friday night announcements after hours.
SYT Price at posting:
0.2¢ Sentiment: None Disclosure: Held
