Ann: Quickstep Announces $10.6M Placement and SPP, page-16

Don't forget they are paying very high interest rates on their debt, so this raise alone and wiping the debt will add $1m to earnings.

And given they are currently cash flow and earning positive and that expected to increase as JSJ continues to scale up, it will be interesting to see how they fund future growth for any new products/contracts of a decent size. Working capital / debt / equity

I don't mind they have done this, the debt terms were poor and it was a material amount of interest they were paying.

Clean slate now - but must deliver. No more excuses - they will be judged harshly but fairly from what happens from here