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0.5¢ oncosil medical ltd

Ann: Entitlement Offer to raise up to $9.9 million, page-129

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ozgoldtrader

6,049 Posts.

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11/10/23

10:54

Post #: 70283193
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Originally posted by Gekkowolf: ↑

TT

Then if no one has built a hedge or counter stake in the company as you have suggested wouldn’t that mean there really isn’t that much interest in the company?

I think by memory there was barely a 50% take up by existing holders for the heavily discounted CR.

So, how does that I still confidence going forward for any possible deal?

And even if there is a deal, and that’s a big IF, what teems & price given the share price is languishing at all time lows? And hardly any news flow?

And the company talks about inflexion points? (1) FDA approval for bile duct? (2) German trial approval?

What about sales in the UK? It’s been almost 3 years and we have yet to see one implant sale?

Meanwhile, the cash burn is continuing at circa $3 million per quarter and hardly any sales?

Expand

Unfortunately Gekko, at this point, I’m starting to share these concerns with you

for the large amount of cash the company consumes each month we are just not seeing enough results on a month-to-month basis

there is a clear discrepancy between cash consumption and delivery of results on a continuous basis

Last edited by ozgoldtrader: 11/10/23

OSL Price at posting: 0.9¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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(20min delay)
Last 0.5¢		Change 0.000(0.00%)		Mkt cap ! $16.66M

Open	High	Low	Value	Volume
0.6¢	0.6¢	0.5¢	$4.47K	886.4K

Buyers (Bids)

No.	Vol.	Price($)
2	6296690	0.5¢

Sellers (Offers)

Price($)	Vol.	No.
0.6¢	22890532	25

View Market Depth

No.	Vol.	Price($)
2	6296690	0.005
31	24025266	0.004
5	4206632	0.003
6	5457516	0.002
4	7800000	0.001

Price($)	Vol.	No.
0.006	22873835	24
0.007	21832405	18
0.008	9073848	7
0.009	12462253	5
0.010	5917000	4

Last trade - 14.42pm 14/06/2024 (20 minute delay)


Last 0.5¢			Change 0.000 ( 11.1 %)
Open	High		Low	Volume
0.5¢	0.5¢		0.5¢	2050000
Last updated 14.42pm 14/06/2024 ?

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