Yes I totally agree . Management can see the funding is there for the next 12 mths so they will wait and see what happens with the CE approval . Approval and decent subsequent sales would drive the SP and if infact a CR is required it will be done at much higher SP than the current one . Management have displayed great skill here controlling costs through this difficult period , let’s hope their efforts are rewarded . The fact that a lot of the directors have a large amount of skin in the game with OSL should give RI confidence that the management are working in their best interests
OSL Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held
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