@Schwerms I did not see it coming tbh.

In my assessment, they have enough cash to get to break even in exisiting markets. However, if they want to continue to push aggressively into new markets, incl. EU/UK and Japan etc. then they probably need more.

Given strong recent SP, it looks mind a cautious board has decided to go now.

Personally, if it was to happen, I’d have thought they’d have waited to be able to post some revenue numbers from the US, as that would be a possible SP catalyst.

Guess we’ll just have to see what the announcement says it is about.

Disc: Held