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OSL oncosil medical ltd

5.69%

$1.16

Ann: Positive CE Mark Status Report, page-70

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Merlin88

1,426 Posts.

1251

06/11/19

13:29

Post #: 41275588
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Originally posted by bageo1: ↑

I am fairly sure a few people have mentioned this but not a lot of discussion on the topic. While OSL has cash on hand, they will need more. So at what price do people think that is likely? Secondly with 630k shares on offer, when is a consolidated going to occur? Consolidation has many advantages for the company: 1- moving your SP out of the micro cap range and therefore more likely that institutional investors will look to you 2 - a CR at say $1.00 means you issue fewer shares. For investors there is dilution and if the SP slumps you have really lost

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630m SOI is sweet fa in comparison to many others, take a look at IMU before you start stressing about consolidation here.

Since I’ve been a holder (around 18 months) this will be the second serious run up to CE mark and I believe this time around we are in a better position to achieve it.

OSL Price at posting: 17.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last $1.16		Change -0.070(5.69%)		Mkt cap ! $16.49M

Open	High	Low	Value	Volume
$1.25	$1.25	$1.11	$72.36K	60.96K

Buyers (Bids)

No.	Vol.	Price($)
1	9286	$1.16

Sellers (Offers)

Price($)	Vol.	No.
$1.18	412	1

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No.	Vol.	Price($)
1	9286	1.160
1	2126	1.150
1	7500	1.080
2	19761	1.050
1	2500	1.030

Price($)	Vol.	No.
1.180	412	1
1.200	8677	1
1.245	2418	1
1.250	46027	1
1.300	1500	1

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Ann: Positive CE Mark Status Report, page-70

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Ann: Positive CE Mark Status Report, page-70

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