Broomfield (CEO to ~Jan23) constantly went on about new contracts just around the corner in particular those related to Aura IQ, but at the end of the day, delivered little growth in the businesses they have now (i.e. when you exclude the Logistics business and also when you exclude IMOD).
Maginnis (since ~Jan23) seems better over the last couple of halves in delivering growth in detect, but 3 halves of delivering ~14-15m in total revenues which generates little in the way of EBITDA & cashflow is not going to change the sentiment around this stock.......they are going to have to build this rather quickly now given the guidance they have given.....$40m MC does not seem like a lot, but remember it can still go to nil unless they deliver for shareholders (in EPS and not dividends from a net cash deficit)
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