This was from the 18th Feb 2020 ann. :"manufacturing center"...

This was from the 18th Feb 2020 ann. :

"manufacturing center" should include the star performing machine one would think??
Also they stated they are capable of mass production - yet the Oct update clearly states that we aren't.

From the Oct market update:
"These new machines are progressing well and should be
commissioned later in the year and into 2021 as production ramps up. The factory is producing XTclave™
manufactured products and catering for orders received and delivered to date. In parallel, the team is currently
finalising the commissioning of the new high capacity XTclaveTM machine."

Vague, and deliberately so in hindsight. In parallel, to my mind, refers to the same timeline and since they've apparently been working on the main xtclave for about a year now (as best I can tell) well it screams that there's been some major issues with it.

Proof is in the pudding - heavily oversubscribed cap raising was completed and SP dumped 25% just days afterwards.
In my time in the markets have seen many oversubscribed placements - almost always followed by a strong rally back to pre-raise price if not higher. First time seen one dumped, and kept down for months like this one has. Only need 1 guess to figure out why...