I was thinking to myself as I walked along Bondi this morning with my wife of the things that I like. The main thing was that because I have a mask on she can't see me grimacing as we walked up the hill. I also like that I sold my shares when I did.
It led to me thinking what I don't like about this company:
1. Claiming to still be a start-up
2. That they have converted around 6 of the 250+ prospects they claimed to have in their prospectus to date.
3. Claiming that they have done the AI & ML research for 9 years, when the technology was developed by Curtin University in 2010 and commercialised when icetana was formed.
4. That 50% of the executive dream team in the prospectus has left.
I could continue but the fact that the Federal Government is their biggest customer (R&D rebate & JobKeeper) after more than 10 years screams that they either missed the boat or that there should be plenty of questions asked of the Board/Executive.
Enjoy going down with the ship
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