After choosing to be sidelined for the last couple of months...

After choosing to be sidelined for the last couple of months from being a long time holder makes it easier to be more circumspect when analysing the reaction to the FDA approval.
For me, cash burn was always the elephant in the room. CES2023 wouldn't have come cheap and the delays in getting FDA approval exacerbated the problem. Hiring quality staff was and is a huge drain plus the added expense of a US listing.
For investors to be enticed into the current market they will need convincing that the risk/reward is worth it. A significant partnership may be enough but I suspect Coops was banking on a significant spike in the sp on FDA approval and do a capital raising into that market.
This may seem negative to those who are current holders but the whole idea of a chat forum is to express all viewpoints and investors or traders make their own reasoned response from that. Too much money gets lost when you only get posters looking through rose coloured glasses.