"Our third pillar under 2020Vision is possible M &A's. Suitable businesses or technologies that are at commercial stage of development, or businesses which would contribute to our growth aspirations fall into this category."
Bit of a motherhood statement really and OSL are no where near commercial stage of development but without doubt it will be a competing and almost similar technology, so probably a good fit. OSL of course have to overcome the big hurdle of EU classification and assuming that goes ahead the SRX thinking might just keep some tension in the share price of OSL. Nice to have it of course but I think I would prefer to ride OSL into higher prices than being taken out too early through a T/O.
redgum
OSL Price at posting:
17.0¢ Sentiment: Hold Disclosure: Held
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