Change Financial Limited - CCA - buy or not?, page-8

the noted the below in the recent annual;

As set out in the Group’s ASX announcements, the Company underwent a restructure during the year,
including the sale of its interest in the Ivy Project and undertaken a successful capital raising. As a result
of these actions the Company continues to have sufficient funds to meet its short-term objectives of
launching its payments and card issuing platform.
However, the Company will require further capital in the next 12 months in order to develop the
business before it is cash flow positive. This may include further funding from Altor. Nevertheless, the
Directors have concluded that raising additional capital is subject to material uncertainty that may cast
significant doubt over the Group’s ability to continue as a going concern and, therefore, it may be
unable to realise its assets and discharge its liabilities in the normal course of business.

we know a raise will come this FY however they noted they will be ok in the short term as noted "sufficient funds for short term objectives"