Hey Matty, hope your well, This announcement sounds like more...

Don't forget that's 2.1 quarters left at an adjusted rate, how they calculated it is very unclear and makes no sense considering there's less than 4m cash in the till and last half year was $5m expenditure - And yes i said i wouldn't post on here again, but that's exactly what management want, so i'll keep posting until this company turns itself around.






And at 30th june, $3.8m in the till - That doesn't equal 2 quarters left at the current cash burn

Hey Matty, hope your well, This announcement sounds like more fluff to be honest, but now they are under close scrutiny from regulatory authorities hopefully its a decent announcement, whoever it is i'm sure everything about the company is going to be researched and verified so shareholders here don't end up with another garage company setup with CEO's who think their own self importance will translate to sales.