I would still be very concerned about cash burn. Only check in every now and then but nothing has changed from what I can see. Lots of talk about growth here and what they are doing there, but the numbers don't lie, they are burning their way straight into another cap raise early next year IMO. Thats why he does the BS presentation " new debt facilities and record Q2 market update". Then slips the 4C out a few days later hoping the growth story will keep the blinkers on. Did the same think last quarter " Laybuy delivers record results for Q1 FY22 ". Next day 4C Not sure how many believers will be left to support. GLTAH
LBY Price at posting:
48.5¢ Sentiment: None Disclosure: Not Held