OSL oncosil medical ltd

Ann: Mr Otto Buttula to Retire from the Board, page-23

  1. 28,721 Posts.
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    I have stated my true intention. A hedged bet. It may rain a flood of ops, it may not. If it does, i do not want to hold them long term. And would happily flip them at 0.2/3 from my bid at 0.1 - I have explained in great mathematical detail the risk as i see in over paying for the ops v heads. Further i have bet on the heads as a safer play longer term. You cant get any more transparent than that. That said, there is a market for the ops, and you can bet and win, or lose. I rather pick the better odds of winning, meaning picking only the trade that is in my favor. As for the heads, then they do not carry a fatal flaw risk of dilution to the same degree which can torch any leverage perceived currently on ops.

    They have a cash burn, that they need to execute a sale within that runway in order for the option leverage bets to remain viable. If you do not expose that risk, then what is your motive ?
    Last edited by stevenjd: 29/05/23
 
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