No need for a slinging match mate i was discussing. Not even slightly ramping haha.
A non-binding MOU that:
is not required to be announced under the company’s ASX Listing Rules continuous disclosure obligations.
- reflects an incomplete proposal or negotiation which remains confidential; or
- is not materially price sensitive,
So therefore NAB didnt need to announce an MOU and possibly thought IAM wouldnt. There is no difference from an MOU to an SOU just the name and its perceived to be less of an agreement.
IAM wouldnt of agreed to the change to SOU to hopefully continue business with NAB.
Edit: changed sentiment to hold as not a buy till cashflow positive.
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