Here is the way I see it:
A "sophisticated investor" gets his fill at ~5.5 cents. YES
Retail punters maybe thrown a bone or two at similar prices. YES
Bodyguard is announced as an astounding success. YES
More plans , more meetings , more disruptive tech announced YES
Some PG or GSK bloke quoted as saying "this is the Australian startup with the most innovative products" YES
Our soph investor gets his exit on such a disruptive arena by taking a neat 100% return when the price goes 10 cents. YES
Maybe the broker gets his exit too. YES
Retail punters cheer on. YES
Quarterly comes in and next to nil revenue. MORE THEN THE QUARTERLY BEFORE IT
Resident cheerleaders and dot joiners continue to join dots with questionable insights. YES
Some more dot joining and more Easter eggs in the presentation. YES
Prices fall and the market correction is blamed. YES
Another CR , more success but barely any revenue. NO MORE CR. THE 10-15 MIL FROM THIS CR LASTS UNTIL SIGNIFICANT REVENUE IS ACHIEVED.
Short of cash...., page-148
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