Can someone who has been keeping track of all this extra equity injection calculate how much of the working capital improvement has been due to new equity versus actual earnings? That might give us an idea of how long it will take to trade out of the hole. My rough calculation splits the 12 month $5.7M improvement something like ~$3M injected / $2.7M earned. If these numbers are close, with a $4M improvement needed to get relisted, it's going to be 12-18 months before the suspension is lifted.
Can't see the suspension being lifted before the end of 2021
OLI Price at posting:
5.9¢ Sentiment: Hold Disclosure: Not Held
