Hilarious.
I have been called a fool and a braggard recently for suggesting the importance of "Guanxi" in the SE Asian business culture and how there were lots of subtle clues that the Singapore governments ambitions in making it a bio-tech hub for Asia might actually encompass OSX.
Another big brick in the foundation wall today.
https://hotcopper.com.au/threads/news-osx-osteopore-raises-a-2-9m-from-entitlement-offer.7990707/page-46?post_id=73775640
https://hotcopper.com.au/threads/news-osx-osteopore-raises-a-2-9m-from-entitlement-offer.7990707/page-54?post_id=73798490
If the A*Star collaboration progressing to trials was not evidence enough, this SingHealth partnership seals it for me personally. OSX is under the umbrella of Singapore Govt's bio-tech ambitions. This management has been a bit clownish before in capital management. Looks like they are getting rescued from the ashes....
(and yes, the disseminated mkt cap, ultimately from the ASX, is now correct, including all entitlement shares to official quotation - it was not whilst the offer occurred - and IMO is a bit cheap with a Singapore Govt. partnered company on two fronts).
So many ignorant and unhelpful comments on Hot Copper in the last couple of months with no idea of the company that will alas of led many investors astray in a micro-cap that is not covered by brokers.
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Ann: OSX and SingHealth partner on Global Centre of Excellence, page-11
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