RE: Overpriced9 Dec 2024 10:21
Let's looks at this factually, the last new system sale was Alabama... on 10th may 2024, tomorrow will be 7 full months since this one, the others after that were merely triallists getting a newer machine, hence the as much as loss leader low revenue, to hopefully start taking revenue from gas supply. Any sensible investor considering the 7 months out of cash runway would be saying traction isn't offering any glimmer of light, and considering polareans targets for 2025 are 9 further machines. Simple maths says they fall woefully short in conjunction with telling shareholders the two main shareholders are going to dilute them horrendously again.