This isn't about averaging down, or blue sky china b.s, this is a raise to stay solvent.
The CEO implied we would list on the ASX in 2026, then a few weeks later goes out for a 'survival' raise. Red flag.
Not until there are significant board changes starting at the top and management changes take place we will see the companies potential realised.
Throwing out blue sky Chinese numbers smells of desperation. China will steal the I.P, manufacture it, and roll it out themselves.
