Ann: Customer Trials of Thermal Camera Detection System, page-49

I think this stock does a good job of demonstrating expectations of 'investors' in this type of market. Where 'long term' is more than a month

This stock was crazy cheap on listing, no question about it.
It ran up, the EV expanded to a higher - but not unreasonable by peer comparison - level.
Then they did a capital raise at a 50%+ premium to the IPO , less than 6 months in.

How holders are upset is beyond me. Its continued to trade at or around 32c, the capital raise price equivalent. It is however, no longer quite as 'crazy cheap' so now the company will have to demonstrate it can walk the walk, rather than just talk it before pushing up again.

Its not my cup of tea, I just don't see adding solar power and assembling in Australia to existing technologies really as enough of a differentiator. Its cashed up though now, still no doubt a half decent register and the real investing game can begin.