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The purpose of the latest CR, $2.5m in April 2021 still has me...

  1. WolfOfWestPerth
    1,378 Posts.
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    30/08/21
    16:27
    Post #: 55686862
    The purpose of the latest CR, $2.5m in April 2021 still has me puzzled.

    The purpose was for:

    - Marketing campaigns
    - Hiring sales staff

    I would have thought this would be part of the original IPO budget.

    Doubt the $2.5m is going to generate even $1m of sales by 30 June 2022.

    Wolf
    ICR Price at posting: 12.0¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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