Another day new lows, page-5

With a $10m gap between revenue and costs and less than $5m in the bank its only a matter of time before yet another capital raising is required, at 5c a share that could nearly double the amount of shares in issue to give them enough survival money. All of this leads to an ever increasing downward spiral IMO that means the share price will never get above the 10c - 20c range for the foreseeable future. Even a few new contracts and a trimming of the costs won't IMO improve the share price much on this stock.
Sad times.