New research report from Veritas available on spacetalk investor...

New research report from Veritas available on spacetalk investor site.

Has revenue growing to $47mil in FY24 having dialed back the growth rates with slower adoption overseas as noted in Spacetalk's recent announcement. The current EV is about 11.5mil but we will definitely reduce our current cash levels to expand into Europe and US. Seems the market is overly negative and a bit of confidence in management to execute would go a long way to moving the share price to a more reasonable level.

Certainly not the best market for a non-profitable company that needs capital to grow but at least the capital is going towards growth and not just sustaining the current business.

Be greedy when others are fearful. Would help if directors thought this too and purchased on market. I'm going back to a buy on this current weakness but not very good at picking the bottom.