What just happened, page-17

Was always going to be a high cost startup in this space and wonder if price action relates to the next funding round and managing vwap. $6.4m estimated burn this qtr, so should have just over $2m by eoq. The ANZ asset finance facility will reduce some of the capex burden from cash reserves but it's secured by plant purchases + a $2m cash deposit. You would think they need to raise, not just in the months ahead but imminently (also to ensure some breathing space with the loan covenants?)