I would counter that with stating you do not have a clue.
It was you that suggested bankers would be looking at the SP.
It was i that suggested the bankers would be more interested in viewing the data and returns SPENDA where getting off their self funded debt facility eg. looking at the long term view and sustainability.
The pump from last year was plainly a pump and dump and they are occurring constantly across the ASX.
As for taking a punt..i have been following the progress of SPENDA for some years, i would consider my optimism to be based on the continual progress of the company which has grown in leaps and bounds.
Furthermore i do not have "unwavering optimism". If i smell a rat i will be dumping my shares in a flash and heading for the hills, its just that i dont smell a rat and i see a huge potential.
Risk appetite? i dont see much risk here, just upside potential soon to be realised in my opinion.
16 or 17 months cash runway if the company does absolutely nothing... but they are not doing nothing and revenue is increasing.
No matter what the size of our intitial DW that will start bringing in a significant boost to revenue.
If you don't see the potential, then why even bother posting. Sell up and go chase unicorns elsewhere
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