Another outlook from this is:
- this does not dilute us shareholders (good for us),
- while this MOU is signed, nothing is signed with regards to actual investors (so good new, and also fluff news)
- capital raising happens with the JV (so 0 impact on the balance sheet for the time being); If and when they actually start earning revenue, OSX's equity position improves (cash from investing activities).
Good to see Govt. support from these collabs, makes me wonder - if they are successful one day, they might go back to being private. Anyways - too early days for that speculation.
Another outlook from this is:- this does not dilute us...
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5.0¢ |
Change
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Mkt cap ! $5.746M | |||
| Open | High | Low | Value | Volume |
| 5.2¢ | 5.3¢ | 5.0¢ | $65.68K | 1.294M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 182898 | 5.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 5.4¢ | 841172 | 6 |
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| OSX (ASX) Chart |