In case anyone has forgotten, over the past five years we also had that little thing called the worldwide pandemic which basically threw a huge monkey wrench into the mix sowing uncertainty, doubt, supply chain contortions, fiscal pumping, deaths in the hundreds of thousands, shutdowns, lockdowns, global semi conductor shortages, and widespread social instability.
Add to that the fall and rise of the Donald, war again in Europe, the establishment and dismantling of a Caliphate in the Middle East, the resurrection of the Right in various parts of the world and the ever increasing frequency of flood, fire, earthquakes and unseasonal heatwaves and cold snaps.
On a more mundane and local level we’ve also had the entire focus and direction of the Company changed by a new CEO with a completely revised go to market strategy implemented and recently showing early signs of bearing fruit along with several major staff changes including the retirement of the two founding and instigating members of the company.
We’ve also ridden the wave of the MB announcement which catapulted the share price to dizzying and unsustainable highs leading to our premature inclusion in the ASX200 which painted a target on our back and led to a two year gruelling mauling by the shorting wolves backed by seemingly unending capital reserves. Similar fates have befallen WBT and IMU and it appears to be a well worn path to riches for those looking to short pre revenue companies still reliant on CR’s and other funding schemes.