I think some investors might be nervous that Catapult has a worse cash flow position than planned, and that the 6 mil increase .
I would have thought that an accompanying statement that the outlook looks unchanged would have been appropriate, or that the CFO could have announced his resignation after the upcoming half year report.
I also think some investors equate cash flow positive with dividends . I expect catapult to acquire other sport tech companies when it becomes cash flow positive. there are some obvious gaps in its tech stack that should be filled while such companies are cheap (now) rather than later
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