Ann: 2 for 9 rights issue - prospectus-OIL.AX, page-5

Hi Morrison

Me too, lots of money for day to day costs, very little to progress products. $100,000 allocated to each main product is so small, I don't know what that money will achieve !!

Not a word about Zeiss, as you said no updates. Bit puzzled really.
To be honest would have more happy to hear a capital raising of $5 million, and pump the money into getting the products made and a global impact. Cant can't quite get what OIL actually wants to achieve. This money is going to run out quite soon.

Again, no forward estimates on anything.

I just get the feeling that OIL isn't going to be a public listing in 12 months time. Yes, raise some money now, advance the tech a bit more, run out of money, close its doors and a few key shareholders scoop up the company and go private. Not trying to be negative, but as said, so little info with this last announcement.

OIL - you must give us holders more info on whats happening, and in the next 2 weeks please !!!!