I believe patience will be rewarded. Looking forward to the quarterly. I topped up for the last time at 004 on Monday. Let her rip Oz! lol.
Don’t know if you use Grok - I asked it how much of a cash runway there is based on the burn and when a raising would be required. Earliest estimate would be in June or Oct (forgotten exactly which) ‘25 with cash burn on the higher side. With cash burn on the lower side June or Oct ‘26. But this takes into account past revenue rather than future. It’s all going to come down to how conservative cash burn has been and is projected to be moving forward, and of course, what the revenue looks like from here.
I doubt revenue is going to overwhelm the market personally. Not this quarter at least. So it comes down to cash burn for me. It’s not been so good in the past has it. We need a good results inflection point and a raise off the back of it. If good enough news to get oppies into play, well that would be great. Hope cash can last until then. The subsequent quarterly should be a bit more exciting…
Can they pull a rabbit out of a hat…? Hope is not a strategy… And this is bio sector! Even worse.
I’ve got money reserved for a cr and purchase at lower price if needed.
so much else going on in the markets atm outside this sector that I’m more interested in to be honest. You should be true to your name and taking profits from rally gold! Just about any half decent results are yielding a good sp
OSL Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held
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