An obvious statement, but the team who have sunk $75m during the most recent capital raising would have been all over the recent figures and milestones.
It’s a big punt as it is, would be an almighty punt for them to have done so with knowledge of underwhelming quarterly figures coming up - it gives me confidence that GSW are overall on track.
The current job advertisements state that they are “crushing milestones”. I know this means nothing, but doubt they would include stuff like that if it was reality was the opposite.
GSW Price at posting:
$3.18 Sentiment: None Disclosure: Held