I was wondering about the cash position. They do seem to have a bit of cash burn, which is expected when growing a company, so I thought they may need extra cash at some point in the future. I’m comfortable with this, because hopefully it will be a higher price and, as you mentioned, the share register is tight and not a big number of shares on issue. Also current share price is not too far away from 52week lows so it looks a good entry point.
SBW weighs in stronger. Receives updated valuation of $0.37c/share, page-9
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