BUD: Where are we? May 2018, page-360

The cap raise was for work related cost and overheads, I have no doubt that enough was raised until enough revenue can be created. The only problem being is that if the targets don't get hit the business will burn. That's why I keep saying each quarterly needs to hit the target or the business will start to burn, SP and cash flow wise. On the Telstra deal that was a positive to not have them on board as I think the company isn't is the best option, Telstra is just a big name.

I think Dave took something on board from the inquiry, don't say big things until the big things have been accomplished. Everybody knows this even sports people know if the blow the horn before the jobs done you get ridiculed, in my eyes the asx was actually doing a good job by checking in on the projections. At the time I was pissed but looking back on it the ASX made the correct call to check in all IMO.