Cash burn does seem a bit higher than it should, tends to be...

Cash burn does seem a bit higher than it should, tends to be what happens when companies go from being $300mcap to $15mcap in 18 months. Sadly the costs haven't reduced at the same rate as the share price. Still don't quite understand the reason for this size fall. Yes they haven't hit their growth targets and tech is on the nose but feels like a 90% fall in the share price is a bit of an overcorrection. Or I am missing something fundamentally wrong with the business.....One thing I would point out is the company must pivot it's IR from being a $300m company to being a micro cap in Australia. They can no longer rely on institutions/ vc funds to buy the stock but on everyday investors. Could be a bit difficult with the technical nature of the story but not impossible...