There was no real respite for this stock and not only because of the recent events because there is still a low level of trust in the company announcements.
In a transparent business such an announcement would have translated into a rally and change of trend.
I think Damo summed it up well enough.
The positive side / change that I can see here is that they do not see a need for another CR which means that there is already a positive cash flow now / expected in the coming months.
Otherwise with the current burn rate they would have driven this business to the ground by now.
I hope that in the coming AGM they will provide details on receivables (and not another future revenue outlook that Damo can add to the list next year..)
If they will be able to show meaningful receivables than maybe there is a positive change and value generation for share holders.
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