They are all reasonable concerns.
The other reason for clamping the sp might be that someone is thinking about a strategic investment so it would be in their interests to keep the sp low until that's negotiated. They will bring cash and own a chunk of the company.
The timing for the FDA application and the German trial might then be positive in that case - it might mean that even after the dilution that will come with a strategic partnership, the sp will get a lift with either or both outcomes (like China Grand and Telix). The company is pretty clear that the German trial, in particular, will bring a significant amount of revenue to the company.
So, if a deal is done in late November and those FDA/German milestones are achieved in the 3rd quarter, it might work out well for current holders.
- Forums
- ASX - By Stock
- OSL
- Ann: Entitlement Offer to raise up to $9.9 million
Ann: Entitlement Offer to raise up to $9.9 million, page-127
-
- There are more pages in this discussion • 35 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OSL (ASX) to my watchlist
|
|||||
Last
1.1¢ |
Change
0.001(4.76%) |
Mkt cap ! $41.62M |
Open | High | Low | Value | Volume |
1.0¢ | 1.1¢ | 1.0¢ | $36.16K | 3.384M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
25 | 14154999 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 5667943 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
24 | 14004999 | 0.010 |
20 | 12071222 | 0.009 |
8 | 5387500 | 0.008 |
7 | 3264285 | 0.007 |
8 | 8595000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 5667943 | 6 |
0.012 | 5912965 | 10 |
0.013 | 11057332 | 6 |
0.014 | 5769139 | 8 |
0.015 | 8500000 | 3 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
OSL (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online