Most holders are aware that this company has been leaking too much money and produced little in return over the last 12 months. I'm sure you would have seen the recent announcement regarding the One platform strategy which will reduce costs by $3M annually.
Yes this type of strategy should have already been in place but the market has punished this company for a lack of results and overspending. Market cap is only $8M. Massive potential depending on your risk reward appetite.
Identitii (ASX:ID8) launches $4m rights issue, page-20
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