artemis, page-17

Stocktoe
Another angle is MOG require $21 million to fund their share of Braveheart and Cornea.
Raising those funds at 30c is a lot less painful than at 8c.
MOG's acquisition of the Armetis stake gave it the sp boost it needed for the aforementioned fund raising.
Switching Artemis exposure from Rankin to MOG probably doesnt make that much difference to the common owners of both entities.
I would now expect a rights issue from MOG to raise the $21 mil.