I am struggling to see how this can be a good thing. Will there be an equity raising for the punters at 8.5c ?
What happened to the license fees of $1.5 m due originally in May then by H08 now .... when?
One of the stated pluses of the Hawken deal was cash with no dilution.
Did BOS run out of cash on a delayed contract with Hawken? Or is this a business sweetener for Indonesian interests? Blimey, it had better work. It must be worth about 4% of BOS.
BOS Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held