Yes certainly very annoying - the issue could be that they were planning on using the $500k raised recently and did not specify that this was going to be used for an investment in NCX, only working capital. The ASX hates it when raised capital isn't used as stated. Although seemingly, if OOK wanted to proceed - could they not sign the term sheet and make it pursuant to a change of business activities at an EGM? Just like with Brontech? I can't make it out to TechKnow but would be very interested if anyone could ask Emma for some more information about what is going on.
OOK Price at posting:
3.8¢ Sentiment: Buy Disclosure: Held
