My take is nothing will happen until there is some positive news, the whole CEO thing shook things even though ultimately I think there is a strong consensus with holders that it was long overdue and the replacement is amazing, until the new guy actually proves something new buyers will be a bit cautious. Annoyingly there is a huge abundance that could happen any day just none has yet which is why relatively speaking it is tightly held where the price is now. Examples of news are the Ability to actually sell anywhere in Europe. An approval in the US or even the news that the data package requested has been finalised. Additional NZ sales/sites. A TGA approval here in AUS. Even more annoyingly there’s so much compared to other shares I am aware of and it’s all so imminent that selling out has a very high chance of missing the run and we are extremely unlikely to breach 0.125 from what I’ve seen...
OSL Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held
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which is why relatively speaking it is tightly held where the price is now. Examples of news are the Ability to actually sell anywhere in Europe. An approval in the US or even the news that the data package requested has been finalised. Additional NZ sales/sites. A TGA approval here in AUS. Even more annoyingly there’s so much compared to other shares I am aware of and it’s all so imminent that selling out has a very high chance of missing the run and we are extremely unlikely to breach 0.125 from what I’ve seen...
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