I often cringe when I read how some people on the ASX operate. NFI how start-ups operate and the US style of investment appears completely alien to the ASX. Cash investment and "bleeding" is common. If you think less than 12 months is a long time to wait to turn a profit you should look at many other US tech companies.
If next 4C is a bomb then we have a problem. But the ASX is far to willing to stake a growing company through the heart too soon IMO. No wonder this country has a problem with Tech investment. /rant
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