I unfortunately read it like this:
1) Sales are still miles off and not 4 weeks and hence we should expect another revised timeline that has already been revised 3 times.
2) Lack of sales means they need to stop cashflow bleeding and hence anything other than APAS is placed on hold so that the company can keep living the life of luxury they have become accustomed to.
3) We are now a one product company that has yet to see any sales in that product.
4) Another example of poor management with timelines appearing to once again be slipping.
5) Shareprice is now 30% lower than a capital raising that was completed only a month or two ago.
6) Market sees the same and hence are running.
Smells of further incompetence and BB needs to go.....there is no excuse for this.
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I unfortunately read it like this: 1) Sales are still miles off...
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