Hold tight, number of announcement may change future. 1st one is due by this Friday and if i find that then i will put it up here on Saturday or Sunday. This announcement is due from FDA and it may have positive, negative or neutral effect on all medial device industry so not just for OSL. This announcement define how American Medicare will pay for medical device in future.
After this TGA announcement is due after 11 June to 30 August but the problem with TGA is that their website is not up to date unlike FDA which update their website and also allows people to search various things on their website... IMO. Even Hong Kong government website is clear to search for product and that is how I managed to get announcement for Hong Kong approval before Oncosil. I will be surprised if TGA announcement comes before 10th June 2021... IMO.
However UK and EU sales are very important for any significant movement upward in the price... IMO. FDA HDE filing is important and I hope management is not sleeping on it same as what they did with Hong Kong Announcement and also next time they learn on what time the announcement should be issued.... IMO.
UK is going to ease lockdown soon so things will improve in EU over next two month... IMO.
GLAH
OSL Price at posting:
8.6¢ Sentiment: None Disclosure: Held
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