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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Last
6.9¢ |
Change
-0.001(1.43%) |
Mkt cap ! $7.559M | |||
| Open | High | Low | Value | Volume |
| 6.9¢ | 7.0¢ | 6.8¢ | $159.7K | 2.306M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8582 | 6.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.0¢ | 14200 | 1 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
6.9¢ |
Change
-0.001 ( 1.43 %) |
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| Open | High | Low | Volume | ||
| 6.9¢ | 7.0¢ | 6.9¢ | 206338 | ||
| Last updated 15.48pm 24/05/2024 ? | |||||
| OSX (ASX) Chart |