Oof these guys used to be called Axe group ltd or something?...

Oof these guys used to be called Axe group ltd or something? Tried to list before and failed now trying to come back with new ticker, just read their prospectus looks all warm and fuzzy until you see their actual cash balance of ***32k*** with the other 600k plus raised through investment.

Not to sure what to think, I know the space they play in is growing but I can’t see how this specific company is worth the value asked in the ipo...