Ann: December 2018 Quarterly Report & Appendix 4C, page-63

Ask yourself why you are happy carrying an investment in a $5m market cap with $1m cash that will be burnt through in a handful of months and little or no cash flow to follow.

This should be trading at a discount to cash holding at $0.001 - if they can’t find any support for a raise it’s into voluntary administration. The 4C commentary was the dimmest, uninspiring and pathetic outlook I have come across for a looong time