The technology is great, just disappointed at the management in regard to managing market anticipation. In terms of business strategy and development, I really like the depth of the company's vision: how and where they want to capture their revenues. But regarding revenue announcements, I think the company should talk only after contract is signed/revenue is recognized. Stop feeding the market hope and dreams, "we're on track... etc"
Additionally, why did the company only raise 7 million AUD in their last round? and now having to come back and raise every year? are the management team too confident about the SP that they think raising at a later stage will be less dilutive as the share price is higher?
I will be disappointed if the company didn't raise at least 2 years of cap exp in the next round, especially if the EOY2019 revenue has materialized
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Open | High | Low | Value | Volume |
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2 | 41173 | 0.073 |
3 | 117796 | 0.072 |
4 | 91773 | 0.071 |
4 | 539388 | 0.070 |
Price($) | Vol. | No. |
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