OSL 8.33% 1.3¢ oncosil medical ltd

Ann: Presentation-Surgical Resection Outcomes and Capital Raising, page-7

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    The update sounds very positive to me but I have very limited scientific understanding so was hoping for some guidance from someone wiser than I. At the very least, doing a CR on the back of an announcement (unless a company needs cash urgently and does it at a huge discount), suggests that management is comfortable that the announcement is sufficiently positive to get the cash injection at a reasonable price I've got no issue with the discount, given we need the money and the SPP gives holders the chance to participate.
 
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