With an announcement like this, legume and friends don't really have a leg to stand on anymore..
Management in a company like OSL is the highest area of risk to investors IMO. The product has significant demand, a more-or-less untouched market, and nil competition. The quality of management running the show therefore can take it from an asx 200 company within a few years or shell that had 1 too many cap raisings. As such, this investment has been significantly de-risked after these HUGE recent appointments to the board. Which has got to make you assume that CE mark and the commerciality of the product is not far off...
Here's to a big February!
Nice appointment, page-8
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