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Bit of a shock, page-12

  1. Artephius
    413 Posts.
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    12/09/18
    17:58
    Post #: 35556905
    A comment which stuck with me from Moriarty was that they had significant money from seed and angel investors and didn't really need to seek ASX listing. I always wondered why list then? seems purely for some of those seed investors to get out with some returns.

    I will definitely still be watching the company progress its technology but cash burn and future capital raising are concerns.
    14D Price at posting: 22.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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