I agree himself. The previous rights issue was meant to be the prelude to strong revenue growth which experience has shown to have been grossly overoptimistic.
The lack of growth and the Aussie Post debacle have been, I think, a massive kick up the backside for the management. I suspect that all illusions about how hard this game is are now dispelled.
But if we can win the right to hold trials, then we are eminently capable of winning whole contracts. We are competitive.
I too am in two minds over participating in the raising, and probably will be all the way up until 16 October. But recent news is heartening.
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