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20.0¢ osprey medical inc

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-51

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Tian8824

1,983 Posts.

118

03/02/22

16:34

Post #: 59335804
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Originally posted by Tian8824: ↑

Also you have to remember it is not that easy to buy the bottom. There is only hope for 25c now because the stock price is already 45c.

But 25c is ludicrous because this is a medical company. And it’s not a shell. And it actually has worldwide supply contracts and revenue. OSP might be the worst performing medical stock on the ASX, but it shouldn’t be the smallest or the lowest market cap.

The theoretical bottom is another point of interest. The lower the share price, the lower the supply. Not only because there are less willing sellers, but also because it’s cheaper.

We can either crawl towards that minimum price wall or run into it. The choice is yours

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All that pep talk to justify a 1x loss. But the real danger is a failure to hold and the stock goes up 500x

Unlikely but what if it does? It’s not like it hasn’t happened before.

I’m not saying history repeats itself or that OSP will 500x. But people should be wiser with experience and hindsight.

Last edited by Tian8824: 03/02/22

OSP Price at posting: 45.5¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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