Management has done well in many aspects to get it to this point. Oznt's initiative to get a collective of individual shareholders together has been instrumental for the company and shareholders in the last 6 months which has seen the appointment of Mike Elliot and also stopping the 7.1A from the last b*llsh*t capital raise through Pattersons.
I believe the fact the group has shown itself to be willing to hold management accountable has no doubt had an impact on the company's debt funding focus with minimal dilution, as management know that gross dilution will be met with disdain by shareholders. Look at the dilution history of WKT and you will see how necessary a shareholder voice is, a shareholder voice that did not exist before.
AM sees the group as a "sword over management's head" when a much better description is a "watchful eye", a watchful eye that would not exist without Oznt's efforts.
As a watchful eye all shareholders will benefit as the interest of those with skin in the game, big skin or small skin have a voice through the collective that has formed and that collective will only grow larger as many realise its benefits and genuine intent of this collective.
Remeber this company has not yet produced revenue, The funds that have got management to this point has been hard earned $$ of mum and dads. Well have assurance Mum and Dads it is the intent of the shareholder collective (that Oznt's outstanding efforts has bought about) that this company will produce revenue and your hard earned $$ will reap rewards.
Gross dilution and no shareholder voice...............not on our watch.
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5 | 632988 | 0.105 |
15 | 803519 | 0.100 |
1 | 20000 | 0.099 |
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Price($) | Vol. | No. |
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0.120 | 437997 | 10 |
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