If you look at the last 4c you’ll see that the cash burn was massively reduced. R&D spend on the Haile platform was higher than staff/central costs, which bodes well.
It won’t take much for this to be a 15 cent stock. That’s a $25m market cap - still less than a tenth of Propeller’s value.
ADR Price at posting:
3.1¢ Sentiment: Buy Disclosure: Held
