OSP 0.00% 20.0¢ osprey medical inc

Ann: Appendix 4C and Business Update, page-8

  1. 309 Posts.
    lightbulb Created with Sketch. 74

    It seems tobe a real worry the way I read it.

    Forscenario’s sake, what happens if zero options are taken up.

    That leavesthem with basically a qtr worth of $’s in the piggy bank give or take a week orso.

    What is theplan in that case? Will the top knobs go without for a while or have the whole workforce slash their salaries in half to have enough to stretch things out to 6 months operation.

    Yes theymade 304 units sales in Europe but no info on if they have actually beenshipped and used or if it’s only the orders that have been placed.

    If shippedthen from that, what is the feedback and sentiment from the customers to understandif their intent is to ramp up buying or if they are not impressed and will notcontinue with Dyevert.

    And so therewas little or no info on projections or what forward orders are expected to beeither for Europe or the US.

    Covid alltoo easy as an excuse for under performance in my mind.

    Conceded,it may impact sales numbers right now but surely business development /promotion would get a very very good read on market acceptance and or intent toembrace it which will turn into sales.

    And how arethose sales guys going about it, are they going selling Dyevert as the flagshipproduct in their kit or are they going and selling their dye first and thensaying oh by the way, we have this thing called Dyevert you might be interestedin.

    These are someaspects I think we want know.

    All just IMO

 
watchlist Created with Sketch. Add OSP (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.