'OSL was not that long ago at a SP of 25 c purely on speculation of the CE approval . What would the SP have been if the approval had come back then ? 40 c + I would think .'
Well, if the CE is all but a given, as a fair few posters have stated, then clearly the SP will be around 14-16c when granted. Otherwise, why did the thick end of 16m shares change hands between 13 and 16c on Friday? That's a lot more than the normal HC posters deep pockets, IMO.
Either the CE is not a given or all these folks don't think 25c is coming anytime soon.
I guess the posters who claim the CE mark is a given and believe the SP will be between 25 and 40c should have sold all other assets and punted big on OSL on Friday. Maybe they will this coming Monday?
Just don't understand the predicate logic involved in claiming the CE mark is a given and not filling ones boots on Friday, given the 25-40c claim.
OSL Price at posting:
14.0¢ Sentiment: None Disclosure: Not Held
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