OSL 14.3% 0.8¢ oncosil medical ltd

Ann: Non-renounceable Rights Issue Offer Prospectus, page-34

  1. 7,180 Posts.
    lightbulb Created with Sketch. 2730
    Yeah man you were saying the same thing when the share price was 4 times higher with a lot less dilution. But this time its different right? Clear case here of someone too attached emotionally, can not see things objectively anymore.

    I mean when you have all your eggs in one basked:

    gold.png

    And the story doesnt play out the way you think it will, some people lose their mind, buying more stock when the news is objectively bad, a cap raise at a 66% discount, is in no way shape or form a good thing for shareholders.

    Wwatch how most lose money in spec stocks, its actually quite fascinating.People "average down" when the news is objectively bad, It's insanity, and the exact opposite of what you should do UNLESS the stock is fundamentally undervalued.
 
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