CleanSpark Inc (CLSK)

[pcjockey]

From an email I rec'd today...

CleanSpark
CLSK

Share Price 	7 Day 	  	1 Year 	  
 8.80 	        -5.5% 	  	292.9% 	  
  

New major risk - Share price stability

The company's share price has been highly volatile over the past 3 months.

It is more volatile than 90% of American stocks, typically moving 16% a week.

This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent.

Currently, the following risks have been identified for the company:

Major Risks

• Share price has been highly volatile over the past 3 months (16% average weekly change).
• Shareholders have been substantially diluted in the past year (185% increase in shares outstanding).

Minor Risks

• Less than 1 year of cash runway based on current free cash flow (-US$92m).
• Currently unprofitable and not forecast to become profitable over next 3 years (US$7.5m net loss in 3 years).