I have had a quick read of the prospectus and am disappointed there are no timelines for achievement of milestones, no estimates for when there will be sales. no real update on the status of the carl zeiss product, last we heard it was being modified at the wishes of cz, which cz were paying for, so when will it be on sale? I had hoped for more information in the announcement. I know you can't do anything without staff but it seems the only concrete announcements were that they would be putting more people on the payroll.
at this stage I am unsure about taking up my entitlement, based on the announcement, maybe not. what do others think of the announcement?
Ann: 2 for 9 rights issue - prospectus-OIL.AX, page-4
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