We don't know what sort of capital they need to raise but we do know that KSX wasn't game to ask us shareholders to cough up more coin:therefore we have "multiple investment proposals" from "new funds" from "US and Australian based investment groups".Will they open their wallets? We'll see.
Great to know that "products and services will continue to be embraced by the medical profession";but we wouldn't mind hearing about their monetary appreciation of the products.
As regards the listing,one has wonder why this has been delayed to September.Atleast they have not waited to the end of July to announce this.The listing is for "US and other non Australian investors to trade on the QX exchange";so we won't be bundling up our shares for the QX:that could have been ugly and messy.Lets see if the US investors are more enthusiastic than the Aussies.
The board seems to have ambitious plans;now,can they sell the product? Worth hanging around until next year to see if this company can 'walk the talk'.
Good Luck All Holders
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