Maybe they're waiting to see how the new sales team perform...

Maybe they're waiting to see how the new sales team perform so they can give more accurate forecasts for future sales & when they can achieve profitability.
One thing I've learned from experience is that the market doesn't like over optimistic guidance which is later downgraded (even by a small amount) AVH in particular springs to mind.
I can understand getting good news out prior to the capital raise but if you start reporting every month you need to continue or people start to wonder why you haven't reported one particular month & assume the worst.
If things are going as well as we hope/assume there could be a nice big rerate when the results are released. Hopefully it drifts up to 30c in the meantime