OSL 7.69% 1.2¢ oncosil medical ltd

Ann: OncoSil achieves first commercial sale, page-40

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  1. 4,602 Posts.
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    Gekkowolf,
    The company has started to turn the corner. It won’t take much more news to start the avalanche of buying pressure.

    As news rolls in of continued sales and if we get an approval from the US this could be in the 20s before end of year. I would prefer a slow and sustained climb based on solid fundamentals.

    But to answer your original question - at this stage of the news cycle I would have expected the SP to be atleast 18c. The fact that it isn’t - does not concern me as I am in this for the long play. It just may mean that the big end of town still wants their fill of stock before releasing the handbrake. But either way the handbrake will be released.

    I am waiting for sales to start in earnest from EU soon and then will be off.

    Patience required. We will be smashing through previous highs in the coming 2021 calendar year.
 
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