Gday Gekko - good to see you here and share same long term faith - understand the expansion & capex on the manufacturing facility & conjecture from others over a t/o bid. If any bid was to emerge, & was strong enough for Board to accept (hypothetical), then the resultant ROI would likely consign the capex amount to just a cost of doing business, or in that scenario, a cost of selling the business.
Personally think they need the path to monetisation to be convincing.. it’s still a work in progress. Love to be surprised though.
Ann: Australian institution to invest $2.7 million in OSL, page-79
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Last
1.4¢ |
Change
0.001(3.85%) |
Mkt cap ! $51.08M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.4¢ | 1.2¢ | $51.61K | 3.996M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 903747 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 4837289 | 6 |
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| Last trade - 11.48am 10/10/2024 (20 minute delay) ? |
| OSL (ASX) Chart |