RE: after hours rns15 Nov 2022 10:55
In hindsight it would have been better to have raised once around that 14p level and have raised a sufficient sum - three raises leaves the market concerned that costs are out of control...
We have to take the company on trust that this third raise will take them through to profitability, but difficult to trust the board.
The positives are customer growth and that ARR number growing quickly... That is impressive and needs to continue apace.
Target has to be to get ARR through $10m soonest.