what’s the read through here? Are Insitu pissed at the textron partnership seeing as how Insitu and textron are competing for same tenders?
I can’t see why demand fir the third engines model would have all of a sudden evaporated but yet Oec stuck with just 2 engines in production and huge question marks on the 4th and 5th engines. Also dragging production back to Perth doesn’t show a lot of confidence in further models being produced.
hard road from here but they all like the technology it appears. Cheap at just over $20 mil market cap, pocket change fir textron and Insitu perhaps ?
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