Not sure where you guys reading the details of the capital raise offer from?
from my perspective it want to be the worlds best written proposal for taking a dead duck and turning it into a Golden goose.
I feel like retail investors have been very patient with this company to 'give it a Aussie go'; I want to see management pay cuts, expenses slashed and other efficiencies realises on paper to be sure they are really giving this a good and not just milking.
Not seen a very professional outfit so far (I mean in fairness, hit with COViD, hit with regulation delays and costs); but like aren't these guys pros?
...maybe I'm too harsh? maybe the industry is just that tough??? ...I just don't know enough about the industry - keen to see what arty here thinks/does or it's a nope for me.
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