OAK 0.00% 6.9¢ oakridge international limited

Ann: Trading Halt, page-125

  1. 4,661 Posts.
    lightbulb Created with Sketch. 33
    Considering we are all having fun speculating -here is my take:

    1. Binding agreement with Arcadyan. Could their legal teams been working around the clock to formalise the agreement?

    Extract from announcement on 12 Jan:
    Xped hopes to reach a binding agreement with Arcadyan in Q2 2017. An update will be made to the market as soon as progress has been made but formalities are advanced and both companies are providing both legal and technical resources to ensure agreements are finalised as quickly as commercially possible. Subject to binding licensing deals being signed revenue is anticipated to commence in Q4 2017.

    It does say Q2, but you never know - promise less deliver more.

    2. Could it be about the existing Telink agreement? An amendment to it?

    3. "information regarding a licence agreement"

    Playing devil's advocate, while I hope it means an executed agreement with favorable terms and numbers, it might be premature to conclude its an executed document and may be another licence agreement in the pipeline.

    Just enjoying the speculation and hope it is a significant announcement.

    PT
    Last edited by PrimoTrader: 20/01/17
 
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