They have a track record of being large investors in private companies that pick up world rights to various technology, arrange for sale to an ASX listed company for huge profits, and pick up a boat load of options every time. Hats of to these boys. Very smart and well connected dudes. ---------------------------------------------------------
Forrest associates were substantial shareholders in UK drug delivery company Enigma Therapeutics Ltd. And they were the adviser to NeuroDiscovery Ltd for the takeover, and took 25m options on top over over $1m profit on a one year deal, from an initial $100k
--- Forrest Capital's Role:
Forrest associates were substantial shareholders in the Australian vaccine company Biolife Science Ltd.
Forrest negotiated the acquisition of Biolife by IMU.
Conducted associated capital raising totalling $11 million.
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Forrest Capital's Role:
Forrest associates held equity positions in Australian geospatial company Spookfish Ltd.
Forrest negotiated the acquisition of Spookfish by ASX listed resource company Whitestar Resources Ltd (ASX:WSR).
OSL Price at posting:
16.0¢ Sentiment: None Disclosure: Not Held
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