Mainly agree with what you said, other than the fact that there is a SPP yet to be concluded for PLT.
However, what you said in principle is correct. Whilst Polartechnics have enough to get them through to break-even / profitability with the proceeds of a recent convertible notes issue + whatever they get for the SPP, if they wait for significant profit to accumulate before funding a worldwide rollout of their products, they would miss the boat. The cash from FER allows them to really get the revenue & profit happening when they really need it.
As you say, this will then be available for FER at the point in time when they are ready for a serious & large-scale rollout.
The article is not a good look, and will sound ghastly to FER holders. However, the reality is truly a marriage of convenience for both parties, for timing as well as the usual synergies etc.
Cheers.
p.s. Malmanu, Decan, & anybody else being TOU'd ... do the crime, you do the time. You can argue technicalities for why it happened, but you are the guys who continually downramp, and I think in most cases it's a matter of 'take your pick' for why a moderator can choose to moderate your posts. Go and try to find a happy place somewhere, or failing that you can suck on a lemon and enjoy your bitterness!
PLT Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)