Solid quarterly results and an topped up cash balance could be...

Solid quarterly results and an topped up cash balance could be the 2 best things possible for the adveritas. With marketing spend set to grow substantially QoQ after they were postponing marketing spend ahead of the appointment of a chief marketing officer worsening cash burn will not surprise me and a cap raise was desperately needed, even if they had an exceptional Q result the cash situation would overshadow any positive sentiment. IMO cap raise was necessary ASAP. Interesting the high volume pump in the last 2 weeks means the last 10 days volume weighted average price is around 11c. Only time will tell the specifics of the cap raise regarding price, size, buyer, etc. and how their ARR growth has faired this quarter in the lead up to the beginning of the joint marketing effort between them and google starting next quarter. Again, wide range of possible outcomes, but a cap raise seemed like the only possible step to take from here. Im confident Mat is doing what is best for shareholders as he is a very big one himself.