This morning another supply of 9m of shares at .008c. As we are only around 2 weeks out from the closure date of the cap raise- I pose the question - why bother to participate? I did a little math, lets say your wanted to invest $2500. If you participate - you get 250K shares, and then with the options later you pay another $3750, to exercise the options buy= total cost $6250. This is compared to just invest in the market now & buy the full 500K shares all in one go. Total cost $4000.
So correct me if Im wrong, so lets assume you are believer in the company & that the share prices will rise -you might as well just buy on market now & let the cap raise offer pass.
OSL Price at posting:
0.7¢ Sentiment: Hold Disclosure: Held
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