OSL oncosil medical ltd

Ann: CE Mark Update, page-18

  1. 8,918 Posts.
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    'Clarification that (CE Certification) for (Pancreatic Cancer Indication)
    Should be granted by (BSI) after the (Stage-1, 20 Patient Safety Assessment) is completed
    '

    That is not a given that data will be good. What is the plan B if the data from the first 20 is not clear cut?

    And as for the data being available in September, I think this is most uncertain. They only have ethics for one centre, it could take to September to get ethics for the other centres. I would think September 2018 would be more realistc.

    So the positives are :-
    '2) Possible less dilution,
    Due to (19,000,000 Options @ 5 cents) (Expiring 3/06/2017)
    Held by (Martin Rogers) who resigned in 2016, possibly not being exercised
    '

    Well that would mean the shares falling to less than 5c by end of June. Difficult to see that as a+ve event for most SH?
 
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