Agreed, an MOU by any other name is still an MOU.
KNL are heavily backed by Taylor Collison so probably a fair bit of in house support.
LMB is a much bigger deal but also involves a fair bit of capital raising which, as someone said a while ago, keeps the big players looking for placements atm.
Wait till the deal is approved at the meeting & new cornerstone investors enter the company.
We should then see some true value given to this business.
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