ODN 0.00% 0.0¢ odin energy limited

Deal completion details, page-97

  1. 14,985 Posts.
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    Just a question guys is it a reverse take over because Odin has offered shares to Gridcomm and in effect it is similar to a takeover, with conditions of agreement like performance conditions and consolidation on shareholder approval. that is what it sort of looks like to me. If both parties agree then god chance it's a deal.

    Did some research into this kind of technology last night, and with the global climate going to be a major issue which demands innovation, and because electricity generation is going to be power shared this kind of industry will be a must for sustainable essential services.

    If anyone is interested does Ausgrid do a similar thing? it's not on the ASX but I see Asian interest in the company. this technology is getting interest fast from quiet investors and would be a future feather in the cap.

    This sort of thing can take time, be patient with management.
 
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