This will take a lot to get to 2.5c - Just hopefully it happens prior to WGL being strangled into a CR @ unfavorable terms... imo this is where Sean doesn't have the experience navigating ASX listed companies through raises etc. but the board does with Cicero connections in play..
Have already seen this been belted down sub 1c.. so VWAP is not going to be good and annual report is voting for CR at certain levels all at current discount....
I guess #1 priority was to launch the product which is now done.
I don't see a telco deal being landed near term but certainly some sort of distribution partnership as he mentioned multiple discussions in the interview....
Who knows.. 1.7c & 1.8c props loaded up to cap this down...
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