Surely, they will do something to push it up. Surely...
With discount of 15% were back at the dismal 1.8c raise. 15% will only give us 10.2 mill, 25% around 17 mill. R&D will be incoming again, but it doesn't add up as enough. Surely, they have something up their sleeve. Perhaps a Thursday or Friday trading halt in next couple weeks.
If were going international the exchange rate does not work in our favour until the revenue tide turns. When it turns it will greatly work in our favour. I am hoping to see the first H110 on US and Europe shores over the coming 12 months which costs money. At present the AUD isn't great for international spending. They need money for machine & people movements, events, demonstrations and potentially additional builds. Thinking on it we currently only have 1 with maybe 1 more coming that isn't US spec.
The only other option is they do part raise enough for1 or 2 quarter's providing time for a contract early 2024.
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