There will be long term contracts in place that will protect the company.
Chris is no fool, and he will have European lawyers who are experts in European law draw up the contracts.
Also, the last thing MB want is to be tied up in any sort of legal dispute.
The potential for negative press and reputational damage that any law suit would bring, and negative sentiment of being associated with replacing one partner for another would out weigh any commercial benefit.
I am assuming there will be clauses that protect NMT/SMS, but I would assume that Mercedes Benz will not want to have a single partner, as they would want exposure to new or improved technologies, and have redundancy in their supply chain.
Chris and NMT have the vision, scale (via partnership), patents and can solve a problem today.
They are more than capable of competing in an open market, and I would expect they continue to innovate and lead, rather than just compete.
- Forums
- ASX - By Stock
- General Neometals related news
There will be long term contracts in place that will protect the...
-
- There are more pages in this discussion • 1,199 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NMT (ASX) to my watchlist
(20min delay)
|
|||||
Last
11.0¢ |
Change
-0.015(12.0%) |
Mkt cap ! $68.50M |
Open | High | Low | Value | Volume |
11.5¢ | 12.0¢ | 11.0¢ | $81.4K | 719.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 269011 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.5¢ | 59611 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 269011 | 0.110 |
31 | 272010 | 0.105 |
27 | 1072531 | 0.100 |
3 | 617237 | 0.099 |
1 | 10000 | 0.097 |
Price($) | Vol. | No. |
---|---|---|
0.115 | 59611 | 2 |
0.120 | 68424 | 4 |
0.125 | 670216 | 10 |
0.130 | 164353 | 6 |
0.135 | 264062 | 8 |
Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
|
|||||
Last
11.3¢ |
  |
Change
-0.015 ( 8.91 %) |
|||
Open | High | Low | Volume | ||
11.5¢ | 12.0¢ | 11.0¢ | 268479 | ||
Last updated 15.51pm 07/06/2024 ? |
Featured News
NMT (ASX) Chart |